Paragraph 1 F1
(1)
The rate-assessor must review any original rate of return.
(2)
A review under sub-paragraph (1) must be started by the rate-assessor on the appointed day.
(3)
For the purposes of this paragraph, an original rate of return is—
(a)
a rate of return to which paragraph 27(1) applies, or
(b)
the position of there being no rate of return to which paragraph 27(1) applies.
Annotations
Textual amendments
- F1
Sch. C1 inserted (N.I.) (10.2.2022) by Damages (Return on Investment) Act (Northern Ireland) 2022 (c. 1), s. 5(2), Sch.; S.R. 2022/30, art. 2(c)