SCHEDULES

SCHEDULE 7Non-Domestic Rating: Multipliers

Part INon-Domestic Rating Multipliers

General provisions

6

1

The Secretary of State shall calculate the non-domestic rating multiplier for a chargeable financial year beginning in or after 1991 and, as soon as is reasonably practicable after doing so, shall serve on each charging authority a notice stating the multiplier as so calculated.

2

Where the financial year is one for which the Secretary of State has calculated a figure for C under paragraph 5(5) above, the notice must contain the figure he has calculated.

3

Where the financial year is one at the beginning of which new lists must be compiled, the notice must contain—

a

his estimates made under paragraph 5(6) and (7) above, and

b

the date determined by him under paragraph 5(10) above for the purpose of making the estimates.

4

A calculation under sub-paragraph (1) above is invalid unless one or both of the following conditions is fulfilled—

a

it is made after the revenue support grant report for the year has been approved by resolution of the House of Commons;

b

it is made on or after 1 March in the preceding financial year.

5

A calculation under sub-paragraph (1) above is invalid if made at a time when an order under paragraph 5(3) above which is effective in relation to the year has not come into force.