BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?

No donation is too small. If every visitor before 31 December gives just £1, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!



BAILII [Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]

United Kingdom Statutory Instruments


You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Non-Domestic Rating Contributions (England) (Amendment) Regulations 2004 No. 3234
URL: http://www.bailii.org/uk/legis/num_reg/2004/20043234.html

[New search] [Help]



2004 No. 3234

RATING AND VALUATION, ENGLAND

The Non-Domestic Rating Contributions (England) (Amendment) Regulations 2004

  Made 8th December 2004 
  Laid before Parliament 10th December 2004 
  Coming into force 31st December 2004 

The First Secretary of State, in exercise of the powers conferred by section 143(1) and (2) of, and paragraphs 4 and 6 of Schedule 8 to, the Local Government Finance Act 1988[1] and all other powers enabling him in that behalf, hereby makes the following Regulations:

Citation and commencement
     1. These Regulations may be cited as the Non-Domestic Rating Contributions (England) (Amendment) Regulations 2004 and shall come into force on 31st December 2004.

Amendment of the Non-Domestic Rating Contributions (England) Regulations 1992
    
2. The Non-Domestic Rating Contributions (England) Regulations 1992[2] are amended as follows in relation to financial years beginning on or after 1st April 2005.

Interpretation
     3. In regulation 2(2)(a), (b) and (c), for the word "multiplier" substitute "multipliers".

Rules for the calculation of non-domestic rating contributions
    
4. In Schedule 1 -




Assumptions relating to provisional amounts
    
5. In Schedule 2 -




Signed by authority of the First Secretary of State


Nick Raynsford
Minister of State, Office of the Deputy Prime Minister

8th December 2004



EXPLANATORY NOTE

(This note is not part of the Regulations)


Under Part II of Schedule 8 to the Local Government Finance Act 1988 ("the 1988 Act"), billing authorities are required to pay amounts (called non-domestic rating contributions) to an account held by the Secretary of State ("the national non-domestic rating pool"). The national non-domestic rating pool is subsequently distributed to authorities under the rules in Part III of Schedule 8 to the 1988 Act. Payments into the national non-domestic rating pool in respect of the provisional amount of the non-domestic rating contributions are made during the financial year, final calculations and adjustments of the non-domestic rating contributions are made after the year ends.

These Regulations amend the rules for calculation of non-domestic rating contributions and the assumptions to be made in calculating the provisional amount of the non-domestic rating contributions contained in the Non-Domestic Rating Contributions (England) Regulations 1992 ("the 1992 Regulations"), for financial years beginning on or after 1st April 2005. They make amendments in relation to - 

Following an amendment to the 1988 Act by sections 61 and 62 of the Local Government Act 2003 (c.26), a small business non-domestic rating multiplier is created in addition to the existing standard non-domestic rating multiplier. The amendments to regulation 2 of the 1992 Regulations are consequential to the creation of this new multiplier.


Notes:

[1] 1988 c. 41. These powers are devolved, in relation to Wales, to the National Assembly for Wales by the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672), see the reference to the Local Government Finance Act 1988 in Schedule 1.back

[2] S.I. 1992/3082. Relevant amendments are made by S.I. 1993/1496 and 3082, 1994/1431 and 3139, 1995/3181, 1996/3245, 1997/3031, 1998/3038, 1999/3275, 2000/3208, 2001/3944, 2002/3021 and 2003/3130.back



ISBN 0 11 050892 0


  © Crown copyright 2004

Prepared 14 December 2004


BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII
URL: http://www.bailii.org/uk/legis/num_reg/2004/20043234.html