Explanatory note
(This note is not part of the Order.)
This Order disapplies Part IV of Schedule 12 to the Rates (Northern Ireland) Order 1977 from the hereditaments specified in paragraph 1 of that Part. Instead that Part is to apply to the properties specified in Article 3 of this Order. The Order specifies a net annual value of £800,000 for a hereditament consisting of such property in respect of the year ending 31st March 1998 and provides for the redetermination of this figure in each subsequent year. The Order also provides for the apportionment of the net annual value among the districts of the district councils.