Legal background
Part 3 of the Local Government Finance Act 1988 ("the 1988 Act") concerns non-domestic rating. Sections 41 and 52 of the 1988 Act require new local and central rating lists to be compiled and maintained by Valuation Officers. Sections 42 and 53 require those rating lists to show hereditaments and their rateable values. Sections 43, 45 and 54 concern the liability for non-domestic rates. Section 46A makes provision for determining the completion day of a new building. Section 47 allows billing authorities to use their discretionary relief powers to set a lower chargeable amount. Schedule 6 concerns the determination of rateable values, Schedule 7 concerns the calculation of multipliers, and paragraphs 5 to 6AA of Schedule 9 concern information. Schedule 7B provides for the Business Rates Retention Scheme (BRSS).