(1) These Regulations may be cited as the Non-Domestic Rating (Transitional Protection Payments) Regulations 2013 and come in to force on 18th February 2013.
(2) In these Regulations—
“the 1988 Act” means the Local Government Finance Act 1988;
“billing authority” means a billing authority in England;
“preceding year” means the year immediately preceding the relevant year;
“relevant year” means the year for which a calculation of non-domestic rating income or of a payment is being made; and
“relevant hereditament” means a hereditament shown in a local non-domestic rating list.
(3) In these Regulations any reference to a billing authority's collection fund income and expenditure account is a reference to a revenue account to which, in accordance with proper practices, are credited or charged, as the case may be, amounts in respect of the authority's income and expenditure relating to sums paid or to be paid into or payments met or to be met from the authority's collection fund.
Specified date: 18 February 2013: see para (1) above.