Non-Domestic Rating Act 1994
The provisions of subsections (2) and (3) below have effect for setting, for the financial year beginning in 1994, the value of X in the formula in sub-paragraph (2) of paragraph 5 of Schedule 7A to the 1988 Act, being a formula relevant to the determination of the non-domestic rates for certain hereditaments.
In sub-paragraph (2A) of that paragraph, for the words from “except that” to the end there shall be substituted the wordsexcept that for the financial years beginning in 1992 and 1993 X is 100 and for the financial year beginning in 1994 X is—
In subsection (2) of section 2 of the 1992 Act (amendment of the Non-Domestic Rating (Transitional Period) (Amendment and Further Provision) Regulations 1990), in paragraph (a), for the words “the financial year beginning in 1992 or that beginning in 1993” there shall be substituted the words “ any of the financial years beginning in 1992, 1993 and 1994 ”.
For the purpose of making similar provision in relation to certain hereditaments shown in a central non-domestic rating list, the formula in each of the following, namely— shall have effect in relation to the financial year beginning in 1994 as if for the figure “1.2” there were substituted the figure “1.1”.
article 9 of the British Gas plc (Rateable Values) Order 1989,
article 9(3) of the Electricity Supply Industry (Rateable Values) Order 1989,
article 12(3) of the Railways (Rateable Values) Order 1989, and
article 9(3) of the Water Undertakers (Rateable Values) Order 1989,
In this Act—
“the 1988 Act” means the Local Government Finance Act 1988;
“the 1988 Act” means the Local Government Finance Act 1988;
“the 1992 Act” means the Non-Domestic Rating Act 1992;
“the 1992 Act” means the Non-Domestic Rating Act 1992;
“financial year” has the same meaning as in the 1988 Act.
“financial year” has the same meaning as in the 1988 Act.
After subsection (7) of section 58 of the 1988 Act (special provision for 1995 onwards) there shall be inserted the following subsection—
In subsection (8) of that section for the words “relevant period” there shall be substituted the words “ relevant financial year ” and for the words “the period” there shall be substituted the words “ the year ”.
In subsection (9) of that section, for the words “is the same as” there shall be substituted the words “ does not exceed that which ”.
Subject to subsections (2) and (3) below, the modifications of Schedule 8 to the 1988 Act (non-domestic rating: pooling) made by sections 4 and 5(1) of the 1992 Act (“the 1992 modifications”) shall also have effect in relation to the financial year beginning in 1995 and subsequent financial years.
In relation to the financial year beginning in 1995, the 1992 modifications shall have effect as if for paragraph (a) of paragraph 9(3A) of Schedule 8 to the 1988 Act (as set out in section 4(1) of the 1992 Act) there were substituted the following paragraph—.
In relation to the financial year beginning in 1996 and subsequent financial years, the 1992 modifications shall have effect as if—
in paragraph 9(3A) of Schedule 8 to the 1988 Act (as set out in section 4(1) of the 1992 Act), for the words “shall also” there were substituted the words “may also” and for paragraph (a) there were substituted the following paragraph—; and
in paragraph (d) of paragraph 2(1) of that Schedule (as set out in section 5(1) of the 1992 Act) for the words “the amount added” there were substituted the words “any amount added”.
There shall be paid out of money provided by Parliament any increase attributable to this Act in the sums payable out of money so provided under the 1988 Act.
This Act may be cited as the Non-Domestic Rating Act 1994.
This Act extends to England and Wales only.