keep The Non-Domestic Rating (Miscellaneous Provisions) (No. 2) Regulations 1989
These regulations establish specific valuation rules for non-domestic properties, setting different notional construction cost rates for educational/hospital properties (4%) versus others (6%), and providing detailed definitions and valuation procedures for advertising rights, dock/harbour undertakings, and mining operations under the Local Government Finance Act 1988.
This regulation provides essential technical valuation frameworks for local government revenue collection. Without these specific rules, local authorities would lack consistent methods to assess property values for business rates, potentially creating arbitrary or inequitable tax burdens across different property types.