[Part 2 Partial Reliefs]
Local Government Finance Act 1988 (1988 c 41) | Legislation

[Part 2 Partial Reliefs]

[Charitable rate relief

2

(1)     Where this paragraph applies, the chargeable amount for a chargeable day is to be calculated—

(²¹)ÌýÌýÌýÌý in relation to England, in accordance with the formula—

A x M / C x 5 [in accordance with the formula—

(A x M) / (C x 5)]

(²ú)ÌýÌýÌýÌý in relation to Wales, in accordance with the formula—

A x B / C x 5 [in accordance with the formula—

(A x M) / (C x 5)]

(2)     This paragraph applies where, on the day concerned—

(²¹)ÌýÌýÌýÌý the ratepayer is a charity or trustees for a charity and the hereditament is wholly or mainly used for charitable purposes (whether of that charity or of that and other charities),

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