18 Calculating liability for targeted rate


The calculation of liability for a targeted rate set under section 16 must utilise only a factor or factors that—


are identified in the local authority’s funding impact statement as factors that must be used to calculate the liability for the targeted rate; and


are listed in Schedule 3.


Despite subsection (1), the liability for a targeted rate may be calculated as a fixed amount per rating unit.


To avoid doubt, if targeted rates are set differentially, the rates concerned do not have to be calculated using the same factors for each category of land.

Section 18(1)(a): amended, on 1 July 2003, by section 262 of the Local Government Act 2002 (2002 No 84).