5
In forceDefinitions
5 Definitions
In these Regulations—
fire services property levy has the same meaning as levy has in section 3 of the Fire Services Property Levy Act 2012;
relevant fraction means the fraction calculated using this formula—
where—
A is the lettable area of the retail premises; and
B is the total of lettable areas of all the premises which receive the benefit of the outgoings;
the Act means the Retail Leases Act 2003.
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