The Non-Domestic Rating (Chargeable Amounts) (Amendment) (England) Regulations 2000

Base liability for 2000/2001 for hereditaments outside previous transitional provisions

3.  In regulation 6–

(a)in paragraph (3)(b), there is added at the end “less, in the case of a hereditament which is a small hereditament, the small hereditament factor.”;

(b)after paragraph (3) there is inserted–

“(3A) In paragraph (3)–

• “small hereditament” means–

  (a)

  a hereditament situated outside Greater London for which the rateable value shown in the list for 31st March 2000 is less than £10,000, or

  (b)

  a hereditament situated in Greater London for which the rateable value shown in the list for 31st March 2000 is less than £15,000; and

• “small hereditament factor” means the amount by which the non-domestic rating multiplier determined in accordance with Part I of Schedule 7 to the Act for the financial year beginning in 1997 exceeded that multiplier for the financial year beginning in 1996.”.