The new business rate reflects the weighted average interest rate applied to the deposits and loans in the relevant instrument category in respect of new agreements concluded between households or non-financial corporations and the reporting agent during the time reference period as defined in paragraph 35.

73. Subject to the requirements of this point and point 74 and as an alternative to the treatment in points 68 to 72, the competent authorities of a Member State may authorise credit institutions to assign a 50% risk weight to the Part of the exposure fully collateralised by residential real estate property or commercial real estate property situated within the territory of the Member State if they have evidence that the relevant markets are well-developed and long-established with loss-rates from lending collateralised by residential real estate property or commercial real estate property respectively that do not exceed the following li ...[+++]mits:

17. Welcomes the possibility given to lenders to apply a favourable risk weighting (35%) to low-risk residential mortgage loans (paragraph 45 of the third consultation paper) and urges the Commission to introduce in the capital adequacy directive provisions equally aimed at reflecting the relative risk exposure of different mortgage products;

17. Welcomes the possibility given to lenders to apply a favourable risk weighting (35%) to low-risk residential mortgage loans (paragraph 45 of the CP3) and urges the Commission to introduce in the capital adequacy directive provisions equally aimed at reflecting the relative risk exposure of different mortgage products;

If more than one VAT rate is applied in a Member State, the VAT resources base shall be calculated by dividing the total net VAT revenue collected by the weighted average rate of VAT.

The new weighted average rate shall be applied to the revenue derived from application of the amended rate or tax treatment.