Additional multipliers for England Section 3: Application of multipliers
Section 3 makes provision for the application of the additional multipliers. Whilst the provisions for setting multipliers are in Schedule 7 to the 1988 Act, provisions regarding the hereditaments to which those multipliers are applied are found in the three charging schedules. Section 3(1) provides that Section 3 amends the charging Schedules to make provision for the application of the additional multipliers.
	Section 3(2) amends Schedule 4ZA to provide rules and powers for determining when the additional multipliers should apply to occupied hereditaments on local rating lists:
Section 3(2)(a) amends paragraph 10(9) of Schedule 4ZA to add to the existing powers which allows the Treasury to determine when the two existing multipliers should apply. As a result, Treasury is able to determine by regulations when the additional multipliers apply for calculating chargeable amounts for occupied hereditaments on local rating lists,
Section 3(2)(b) inserts into paragraph 10 of Schedule 4ZA:
the new sub-paragraph 9B which provides that the higher multipliers can only apply to hereditaments with a rateable value of £500,000 or above and that the lower multipliers can only apply to qualifying retail, hospitality and leisure hereditaments, and
the new sub-paragraph 9C provides a power for the Treasury to define the meaning of qualifying retail, hospitality and leisure hereditament. The government intends to define qualifying retail, hospitality and leisure hereditament to broadly align with the definition in the current Retail, Hospitality and Leisure Relief Scheme. 3
Section 3(2)(c) amends paragraph 10(10) of Schedule 4ZA to make clear that those regulations may make reference to the description of the hereditament in the local non-domestic rating list in addition to the other factors already listed at paragraph 10(10).
	Section 3(3) makes the same provision as Section 3(2) only in respect of Schedule 4ZB concerning unoccupied hereditaments on local rating lists. Section 3(4) makes the same provision as Section 3(2) only in respect of hereditaments on the central rating list.