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The Domestic Property (Valuation) (Amendment) Regulations 1991

S.I. 1991/2815 · Made 12 December 1991

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

This Statutory Instrument has been made in consequence of a defect in S.I. 1991/1934 and is being issued free of charge to all known recipients of that Statutory Instrument

RATING AND VALUATION

Made 12th December 1991

Laid before Parliament 13th December 1991

Coming into force 16th December 1991

The Secretary of State for the Environment, as respects England, and the Secretary of State for Wales, as respects Wales, in exercise of the powers conferred on them by sections 3(3) and 7(2) and (3) of the Local Government Finance and Valuation Act 1991f1 and of all other powers enabling them in that behalf, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1991 c. 51.

Contents

  1. 1Citation and commencement
  2. 2Basis of valuation
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Domestic Property (Valuation)(Amendment) Regulations 1991 and shall come into force on 16th December 1991.

2Basis of valuation

Regulation 2 of the Domestic Property (Valuation) Regulations 1991f1 is hereby amended–

(a)

in paragraph (5) by the omission of the definition of “state of reasonable repair”; and

(b)

by the insertion after paragraph (5) of the following paragraph–

“(6)

In determining what is “reasonable repair” in relation to a property for the purposes of paragraph (1), the age and character of the property and its locality shall be taken into account.”.

Signature

Signed by authority of the Secretary of State for the Environment

Michael Portillo

Minister of State,

Department of the Environment

12th December 1991

David Hunt

Secretary of State for Wales

12 December 1991

Explanatory note

(This note is not part of the Regulations)

These Regulations amend regulation 2 (basis of valuation) of the Domestic Property (Valuation)Regulations 1991.

The effect of the amendment is to require the age and character of domestic property and its locality, but not the reasonable expectation of a prospective purchaser, to be taken into account for the purpose of applying the valuation assumption that the property is in a state of reasonable repair.