The Non-Domestic Rating (Chargeable Amounts) (Wales) Regulations 2016 No. 1247 (W. 295)

PART 4 Prescribed rules

Rules for finding the chargeable amount

12.  The chargeable amount for a relevant day is the amount calculated in accordance with section 43 or 45 of the Act as appropriate, less the amount calculated under whichever of regulations 14 to 17 applies.