The Non-Domestic Rating (Rates Retention) Regulations 2013

1. Introductory Text

2. PART 1 General

   1. 1. Citation and commencement

   2. 2. Interpretation

3. PART 2 Calculations and in-year payments

   1. 3. Calculation and notification of non-domestic rating income and other amounts

   2. 4. Payment to the Secretary of State in respect of the central share

   3. 5. Payments by billing authorities to major precepting authorities in respect of share of income

   4. 6. Payments to major precepting authorities in respect of deductions from central share payments

   5. 7. Payments with respect to county matters

   6. 8. Transfer from collection fund to general fund

4. PART 3 End of year calculations and reconciliation

   1. 9. End of year calculations

   2. 10. Reconciliation of disregarded amounts

   3. 11. Reconciliation of amount deducted from central share payment

   4. 12. Reconciliation of amounts where authority has failed to act diligently

5. PART 4 Calculation of surplus and deficit

   1. 13. Calculation and apportionment of surplus or deficit on collection fund for year

   2. 14. Payments and transfers with respect to surplus and deficit

6. PART 5 Discharge of liabilities

   1. 15. Schedule of instalments

   2. 16. Interest on amount of instalments

   3. 17. Recovery

7. Signature

8. 1. SCHEDULE 1

      Non-Domestic Rating Income

      1. PART 1

         1. 1. Calculation of non-domestic rating income

         2. 2. Costs of collection and recovery

      2. PART 2 Cost Factors

   2. SCHEDULE 2

      Qualifying relief for deduction from central share

      1. 1. Case A and Case B hereditaments

      2. 2. Case A hereditament: calculation of qualifying relief

      3. 3. Case B hereditament: calculation of qualifying relief

   3. SCHEDULE 3

      Transfer from collection fund to general fund

   4. SCHEDULE 4

      Rules for estimation and apportionment of surplus and deficit

      1. 1. Calculation of surplus or deficit

      2. 2. Apportionment of surplus and deficit

9. Explanatory Note