SCHEDULE 2Calculations for designated area
PART 1Proportion of non-domestic rating income to be disregarded
1
1
Unless sub-paragraph (2) applies, the proportion of the billing authority’s non-domestic rating income in respect of the designated area for a specified year is the difference between the authority’s—
a
non-domestic rating income in respect of the designated area for that year; and
b
baseline amount in respect of the designated area for that year.
2
If the baseline amount is greater than or equal to the non-domestic rating income, the proportion is zero.