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4.—(1) The references to relevant days shall be treated as references to relevant days on and after the day on which the calculations in accordance with this Schedule are made.
(2) The references to relevant calculations shall be treated as references to calculations made in accordance with this Schedule.
(3) The amounts described in paragraph 4 of Schedule 1 shall be replaced by the amount calculated in accordance with the formula—
where—
W is the amount calculated in relation to the authority for the year in accordance with paragraph 4 of Schedule 1 to these Regulations;
Y is the number of relevant days on and after the day on which the calculations in accordance with this Schedule are made;
Z is the number of days in the year for which the calculations in accordance with this Schedule are made.
(4) In paragraph 2 of Schedule 2, the references to 31st December in the immediately preceding year shall be treated as references to the day on which the calculations in accordance with this Schedule are made.
(5) Where an enterprise zone has ceased to be designated as such during the year there shall be deducted from any amount prescribed in relation to that enterprise zone in accordance with paragraph 2(12)(b) of Schedule 2, the total of the chargeable amounts which are payable to the authority under sections 43 and 45 of the Act—
(a)for any relevant days preceding the day on which the calculations in accordance with this Schedule are made; and
(b)in respect of any hereditament which has ceased to be exempt from non-domestic rating during the year and the entry of which on the non-domestic rating list has been notified to the authority.
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