Legislation – The Non-Domestic Rating (Transitional Protection Payments and Rates Retention) (Coronavirus) (Amendment) Regulations 2020

Amendment of the Non-Domestic Rating (Rates Retention) Regulations 20133.

(1)

The Non-Domestic Rating (Rates Retention) Regulations 20134 are amended as follows.

(2)

In regulation 9 (end of year calculations)—

(a)

at the beginning of paragraph (1), insert “Subject to paragraph (5),”;

(b)

after paragraph (4) insert—

“(5)

Paragraph (1) applies in relation to calculations for the relevant year5 beginning on 1st April 2019 as if for “31st July” there were substituted “30th November”.”.

(3)

In regulation 15 (schedule of instalments)—

(a)

in paragraph (1), after “schedule of instalments” insert “, subject to paragraph (7),”;

(b)

at the beginning of paragraph (3), insert “Subject to paragraph (8),”;

(c)

after paragraph (6) insert—

“(7)

A central share payment6 in relation to the relevant year beginning on 1st April 2020 is to be paid in 9 instalments, such that—

(a)

the first instalment is payable on 19th July 2020; and

(b)

the subsequent instalments are payable on the 19th day of each of the following 8 months.

(8)

For a central share payment in relation to the relevant year beginning on 1st April 2020—

(a)

the first instalment is to be of 9% of the amount payable;

(b)

the second and third instalments are each to be of 8% of the amount payable; and

(c)

the final six instalments are each to be of 12.5% of the amount payable.”.