Paragraph 19 F1
(1)
A rate of return is to be set by the rate-assessor as a percentage figure.
(2)
The figure may be—
(a)
zero, or
(b)
a negative or positive number.
(3)
If the figure is not a whole number (including zero), the number is to comprise or incorporate a decimal fraction of 0.25, 0.5 or 0.75.
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)