The Local Government Finance Act 1988 (Prescription of Non-Domestic Rating Multipliers) (England) Regulations 2024

• Citation: S.I. 2024/111
• Sections: 4

Section 1 Citation, extent, application and commencement

(1) These Regulations may be cited as the Local Government Finance Act 1988 (Prescription of Non-Domestic Rating Multipliers) (England) Regulations 2024.

(2) These Regulations extend to England and Wales and apply in relation to England only.

(3) These Regulations come into force on the day after the day on which they are made.

Section 2 Local rating: occupied hereditaments

(1) For the purposes of the provisions mentioned in paragraph (2)—

(a) M is prescribed as D for any chargeable day for which A is not more than £50,999, but

(b) in any other case M is prescribed as B.

(2) The provisions are paragraphs 1(a) (chargeable amount before any reliefs), 2(1)(a) (charitable rate relief) and 3 (improvement rate relief) of Schedule 4ZA to the Local Government Finance Act 1988.

Section 3 Local rating: unoccupied hereditaments

(1) For the purposes of the provisions mentioned in paragraph (2)—

(a) M is prescribed as D for any chargeable day for which A is not more than £50,999, but

(b) in any other case M is prescribed as B.

(2) The provisions are paragraphs 1(1)(a) and 1(2)(a) (chargeable amount before any reliefs) of Schedule 4ZB to the Local Government Finance Act 1988.

Section 4 Central rating

(1) For the purposes of the provisions mentioned in paragraph (2)—

(a) M is prescribed as D for any chargeable day for which A is not more than £50,999, but

(b) in any other case M is prescribed as B.

(2) The provisions are paragraphs 1(a) (chargeable amount before any reliefs), 2(4)(a) (charitable rate relief), 3 (improvement rate relief) and 4(4) (unoccupied hereditaments rate relief) of Schedule 5A to the Local Government Finance Act 1988.