1.—(1) These Regulations may be cited as the Non-Domestic Rating Contributions (Wales) (Amendment) Regulations 1999 and shall come into force on 31st December 1999.
(2) In these Regulations “the 1992 Regulations” means the Non-Domestic Rating Contributions (Wales) Regulations 1992(1).
2. In relation to financial years beginning on or after 1st April 2000, Schedules 1, 2 and 4 to the 1992 Regulations are amended as follows:—
(a)in paragraph 4(1) of Schedule 1, for the formula “(A × £39.50) + (B × 0.00087)” there is substituted the formula “(A × £39.90) + (B × 0.00078)”;
(b)in paragraph 2(12) of Schedule 2 for “0.999” there is substituted “1.005”;
(c)for Schedule 4 to the 1992 Regulations there is substituted the Schedule set out in the Schedule to these Regulations.
Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 1998(2).
Dafydd Elis Thomas
The Presiding Officer of the National Assembly
17th December 1999