2. In these Regulations—
“the 1988 Act” means the Local Government Finance Act 1988;
“designated area” means an area designated by regulation 3 and Schedule 1;
“local list” means a list compiled and maintained in accordance with section 41 of the 1988 Act(1);
“non-domestic rating income” has the meaning given by Schedule 2;
“preceding year” means the year immediately preceding the year for which a calculation under these Regulations is being made;
“relevant billing authority” means a billing authority in England all or part of whose area falls within a designated area;
“small business non-domestic rating multiplier”, in relation to a year, means the small business non-domestic rating multiplier for the year determined under Part 1 of Schedule 7 to the 1988 Act(2); and
“specified year” means a year falling within the period specified in regulation 4.
Section 41 was amended by section 139 of, and paragraphs 19 and 79(3) of Schedule 5 to, the Local Government and Housing Act 1989 (c.42); section 117(1) of, and paragraph 59 of Schedule 13 to, the Local Government Finance Act 1992 (c.14); section 60(1) of the Local Government Act 2003 (c.26).
Relevant amendments were made to Schedule 7 by section 62 of the Local Government Act 2003.