The New NAV List (Time of Valuation) Order (Northern Ireland) 2021
S.R. 2021/245 · Made 7 September 2021
Rates
Made 7th September 2021
Coming into operation 1st October 2021
The Department of Financef1 makes the following Order in exercise of the powers conferred by Article 39A(1) of the Rates (Northern Ireland) Order 1977f2
Annotations to the whole text
Footnotes
- f1
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Renamed as the Department of Finance by section 1(4) of, and Schedule 1 to, the Departments Act (Northern Ireland) 2016 (c.5 (N.I.)).
- f2
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S.I. 1977/2157 (N.I. 28); Article 39A was inserted by Article 7 of the Local Government, Planning and Land (Northern Ireland) Order 1981 (S.I. 1981/437 (N.I.13)) and amended by paragraph 19 of Schedule 2 to the Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18)), section 8(1) of the Rates (Amendment) Act (Northern Ireland) 2009 (2009 c. 8 (N.I.)) and section 4 of the Rates (Amendment) Act (Northern Ireland) 2012 (2012 c. 1 (N.I.))
Contents
1Citation and commencement
This Order may be cited as the New NAV List (Time of Valuation) Order (Northern Ireland) 2021 and shall come into operation on 1st October 2021.
2Specification of time
1st October 2021 is the time by reference to which a net annual value to be ascribed to any hereditament in a new NAV list coming into force on 1st April 2023 is to be ascertained.
Signature
Sealed with the Official Seal of the Department of Finance on 7th September 2021.
L.S.
Sharon Magee
A senior officer of the Department of Finance
Explanatory note
(This note is not part of the Order)
This Order specifies 1st October 2021 as the time by reference to which net annual values are to be ascertained for the purposes of the new NAV list coming into force on 1st April 2023.