1 Unoccupied hereditaments: chargeable amount
Rating (Empty Properties) Act 2007 (2007 c 9) | Legislation

1  Unoccupied hereditaments: chargeable amount

(1)ÌýÌýÌýÌý In section 45 of the Local Government Finance Act 1988 (c 41) (unoccupied hereditaments: liability), for subsection (4) (determination of chargeable amount) substitute—

“(4)ÌýÌýÌýÌý Subject to subsection (4A) and to section 45A below, the chargeable amount for a chargeable day shall be calculated in accordance with the formula—

(A x B) / C

where A, B and C have the meanings given by section 46.

(4A)ÌýÌýÌýÌý An order may provide that subsection (4) shall have effect as if the following formula were substituted—

(A

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