Part II Special Authority's Multipliers
Local Government Finance Act 1988 (1988 c 41) | Legislation

Part II Special Authority's Multipliers

9

(1)     A special authority's non-domestic rating multiplier for a chargeable financial year shall be such as is set for the year by the authority in accordance with this Part of this Schedule.

(2)     The multiplier must be expressed as a figure in which a part of a whole (if any) is expressed to three decimal places only.

[(3)     The multiplier must be not greater than the required maximum for the year.

(4)     The required maximum for the year shall be calculated in accordance with the formula—

A + (B(C - D) divided by (E x F))

·É³ó±ð°ù±ð—

A is the non-domestic rating multiplier for the year [. . .] determined in accordance with [Part A1] of this Schedule,

B is a percentage prescribed for the year by order made by the Secretary of State,

C is the amount calculated (or last calculated)

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