Introductory Text
1.Citation and commencement
2.Interpretation
3.Pools of authorities
4.Meaning of retained rates income for purposes of levy and safety net calculations
5.Business rates baseline and baseline funding level
6.Individual levy rates and safety net thresholds
7.Safety net on account
8.(1) A payment on account is to be made in...
9.Requirement to make a safety net payment
10.Requirement to make levy payment
Signature
SCHEDULE 1
Calculation of retained rates income
1.Calculation for billing authorities
2.Calculation for major precepting authorities
3.Calculation for pools
SCHEDULE 2
Table of authorities, business rates baselines and baseline funding levels
Explanatory Note
