The Non-Domestic Rating (Chargeable Amounts) Regulations 1994

Change in rateable value after 1 April 1995

11.—(1) Paragraph (2) applies in respect of a defined hereditament in a case where regulation 10 applies where for a day after 1 April 1995 the rateable value shown in the list for the hereditament is greater than that shown for it for 1 April 1995.

(2) Where this paragraph applies, regulation 10 shall have effect as regards the hereditament for the day as if the reference in that regulation to

were a reference to—

(3) Paragraph (4) applies in respect of a defined hereditament in a case where regulation 10 applies where for a day after 1 April 1995 the rateable value shown in the list for the hereditament is less than that shown for it for 1 April 1995.

(4) Where this paragraph applies, regulation 10 shall have effect as regards the hereditament for the day as if the reference in that regulation to

were a reference to—

(5) For the purposes of the provisions substituted by paragraphs (2) and

(4) (a) B is the non-domestic rating multiplier for the relevant year in which the day falls;

(b) C is the number of days in the relevant year in which the relevant day falls;

(c) J is the rateable value shown for the hereditament for 1 April 1995 in the list;

(d) N is the rateable value shown for the hereditament for the day in the list; and

(e) BL and AF have the meanings given in regulation 9(2).

(6) Where one or more of the following provisions apply —

(a) regulation 14 (change in rateable value-change of circumstances on 1 April 1995),

(b) paragraph 5 of Schedule 1 (altered hereditaments),

(c) paragraph 11 of Schedule 2 (rateable value: hereditament split or merged after 1 April 1995),

this regulation applies subject to the modifications made in the regulation or paragraph concerned.