PART IILANDS AND HERITAGES ON ROLL ON 1ST APRIL 2000

Notional liability8

The notional liability in respect of any lands and heritages to which this Part applies and any day shall be calculated in accordance with the formula–

RV×APF365math

where–

  • RV is the rateable value for those lands and heritages on that day; and

  • APF is the appropriate poundage figure, being–

    1. a

      0.448, where those lands and heritages have a rateable value of £10,000 or less on 1st April 2000; and

    2. b

      0.458, in any other case.