The Non-Domestic Rating (Transitional Protection Payments and Rates Retention) (Coronavirus) (Amendment) Regulations 2020

• Citation: S.I. 2020/449
• Sections: 3

Section 1 Citation and commencement

(1) These Regulations may be cited as the Non-Domestic Rating (Transitional Protection Payments and Rates Retention) (Coronavirus) (Amendment) Regulations 2020

(2) Subject to paragraph (3), these Regulations come into force on 15th May 2020.

(3) This regulation and regulation 3(1) and (3) come into force on 29th April 2020.

Section 2 Amendment of the Non-Domestic Rating (Transitional Protection Payments) Regulations 2013

In regulation 6 of the Non-Domestic Rating (Transitional Protection Payments) Regulations 2013 (end of year calculations)—

(a) in paragraph (1) —

(i) at the beginning, insert “Subject to paragraph (3),”;

(ii) for “30th September” substitute “31st July”;

(b) after paragraph (2) insert—

(3) Paragraph (1) applies in relation to calculations for the relevant year beginning on 1st April 2019 as if for “31st July” there were substituted “30th November”.

Section 3 Amendment of the Non-Domestic Rating (Rates Retention) Regulations 2013

(1) The Non-Domestic Rating (Rates Retention) Regulations 2013 are amended as follows.

(2) In regulation 9 (end of year calculations)—

(a) at the beginning of paragraph (1), insert “Subject to paragraph (5),”;

(b) after paragraph (4) insert—

(5) Paragraph (1) applies in relation to calculations for the relevant year beginning on 1st April 2019 as if for “31st July” there were substituted “30th November”.

(3) In regulation 15 (schedule of instalments)—

(a) in paragraph (1), after “schedule of instalments” insert “, subject to paragraph (7),”;

(b) at the beginning of paragraph (3), insert “Subject to paragraph (8),”;

(c) after paragraph (6) insert—

(7) A central share payment in relation to the relevant year beginning on 1st April 2020 is to be paid in 9 instalments, such that—

(a) the first instalment is payable on 19th July 2020; and

(b) the subsequent instalments are payable on the 19th day of each of the following 8 months.

(8) For a central share payment in relation to the relevant year beginning on 1st April 2020—

(a) the first instalment is to be of 9% of the amount payable;

(b) the second and third instalments are each to be of 8% of the amount payable; and

(c) the final six instalments are each to be of 12.5% of the amount payable.