# The Rates (Amendment) (Northern Ireland) Order 2006, Paragraph 18


(1) Amend Article 39 (basis of valuation) as follows.
(2) In paragraph (2)—
(a) for “Articles 39A and 39B” substitute “Article 39A”;
(b) after “net annual value” insert “or the capital value”.
(3) In paragraph (3)—
(a) for “Where” substitute “Subject to paragraph (4), where”;
(b) after “net annual value” in both places where it occurs insert “or the capital value”.
(4) After paragraph (3), add the following paragraph—
“(4) Sub-paragraphs (b) and (c) of paragraph (3) shall not apply to orders under paragraph 7(4) or 12(3) of Part I of Schedule 12.”.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110800524/schedule/2/paragraph/18 (the official version)
Page: https://openlegislation.uk/draft-rates-amendment-northern-ireland-order-2006/schedule-2/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.