- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
3.—(1) The Non-Domestic Rating (Rates Retention) Regulations 2013(1) are amended as follows.
(2) In regulation 9 (end of year calculations)—
(a)at the beginning of paragraph (1), insert “Subject to paragraph (5),”;
(b)after paragraph (4) insert—
“(5) Paragraph (1) applies in relation to calculations for the relevant year(2) beginning on 1st April 2019 as if for “31st July” there were substituted “30th November”.”.
(3) In regulation 15 (schedule of instalments)—
(a)in paragraph (1), after “schedule of instalments” insert “, subject to paragraph (7),”;
(b)at the beginning of paragraph (3), insert “Subject to paragraph (8),”;
(c)after paragraph (6) insert—
“(7) A central share payment(3) in relation to the relevant year beginning on 1st April 2020 is to be paid in 9 instalments, such that—
(a)the first instalment is payable on 19th July 2020; and
(b)the subsequent instalments are payable on the 19th day of each of the following 8 months.
(8) For a central share payment in relation to the relevant year beginning on 1st April 2020—
(a)the first instalment is to be of 9% of the amount payable;
(b)the second and third instalments are each to be of 8% of the amount payable; and
(c)the final six instalments are each to be of 12.5% of the amount payable.”.
S.I. 2013/452, amended by S.I. 2015/628, 2016/1268, 2017/1321, 2018/463; there are other amending instruments but none is relevant.
See regulation 2(1) of S.I. 2013/452 for the definition of “relevant year”.
See regulation 2(1) of S.I. 2013/452 for the definition of “central share payment”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: