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Statutory Instrument 1999 No. 3439 (W. 47)The Non-Domestic Rating Contributions (Wales) (Amendment) Regulations 1999(The document as of February, 2008) STATUTORY INSTRUMENTS1999 No. 3439 (W. 47)RATING AND VALUATION, WALESThe Non-Domestic Rating Contributions (Wales) (Amendment) Regulations 1999
The National Assembly for Wales makes the following Regulations in exercise of the powers given to the Secretary of State by sections 140(4), 143(1) and (2) of, and paragraphs 4, 5 and 6 of Schedule 8 to the Local Government Finance Act 1988[1], which are now vested in it so far as exercisable in Wales[2]: Citation, commencement and interpretation 1. - (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[3]. Amendment of the 1992 Regulations 2.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: -
(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.
(This note is not part of the Regulations) Under Part II of Schedule 8 to the Local Government Finance Act 1988 billing authorities in Wales are required to pay amounts (called non-domestic rating contributions) to the National Assembly for Wales and rules for the calculation of those contributions are contained in the Non-Domestic Rating Contributions (Wales) Regulations 1992. These Regulations amend those rules by substituting a new formula in paragraph 4(1) of Schedule 1 (deductions from gross amount), a new multiplier in paragraph 2(12) of Schedule 2 (assumptions as to gross amount) and a new Schedule 4 (adult population figures). Notes: [1] 1988 c.41.back [2] See the National Assembly for Wales (Transfer of Functions) Order 1999, S.I. 1999/672.back [3] S.I. 1992/3238, amended by S.I. 1993/1505, 1993/3077, 1994/547, 1994/1742, 1994/3125, 1995/3235, 1996/3018, 1997/3003 and 1998/2962.back [4] 1998 c.38.back ISBN 0 11 090024 3 -- Back --
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