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6.—(1) Subject to paragraph (2) below, on the explanatory notes in paragraph 6 of Part I of, and paragraph 3 of Part II of, Schedule 2, after the paragraph headed ‘Transitional Arrangements’ the following paragraph is inserted—
Where the transitional arrangements do not apply, non-domestic properties outside Greater London whose rateable value shown in the local rating list is less than £10,000, and those within Greater London whose rateable value shown in the local rating list is less than £15,000, will, subject to any changes in the circumstances of the property, have their rate bills for 1997/8 frozen at the same level as for 1996/7. In 1998/9 and 1999/2000 their rate bills will, also subject to any such changes, be lower by approximately 2 per cent than they would have been if calculated by reference to the National Non-Domestic Rating Multiplier for each year.”
(2) Nothing in these Regulations requires the paragraph inserted by paragraph (1) above to be included in any notice served in respect of any amount payable in respect of any day before 1st April 1997.
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