PART IILANDS AND HERITAGES SUBJECT TO 1997 REGULATIONS

Base liability11

The base liability of any lands and heritages to which this Part applies shall be calculated in accordance with the formula–

AP×365math

where–

  • AP is the amount payable as rates in respect of those lands and heritages and 31st March 1998, taking account of Parts II and IV of the 1997 Regulations but before applying the provisions of Part VI of those Regulations.