
1 

(1) The title of these Regulations is the Non-Domestic Rating (Multiplier) (Wales) Regulations 2025.
(2) These Regulations come into force on 21 February 2025.
(3) In these Regulations, “the 1988 Act” means the Local Government Finance Act 1988.
2 
For the financial year beginning with 1 April 2025—
(a) paragraph 5(5A) of Schedule 7 to the 1988 Act does not apply;
(b) for the purpose of paragraph 3B of Schedule 7 to the 1988 Act, B is specified as 133.3.
Mark Drakeford
Cabinet Secretary for Finance and Welsh Language, one of the Welsh Ministers
19 February 2025