The Non-Domestic Rating Contributions (Wales) (Amendment) Regulations 1999

• Citation: S.I. 1999/3439 (W.)
• Sections: 2

Section 1 Citation, commencement and interpretation

(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 .

Section 2 Amendment of the 1992 Regulations

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.