# The Rates (Amendment) (Northern Ireland) Order 2006, Article 5: Rateable values


(1) For Article 17 of the principal Order (ascertainment of rateable value) and the immediately preceding cross-heading there shall be substituted the following—
“ Rateable values
Rateable values
17 (1) For the purposes of this Order the rateable values of a hereditament are—
(a) its rateable net annual value (if any); and
(b) its rateable capital value (if any).
(2) For the purposes of this Order the rateable values of a hereditament shall be ascertained in accordance with the provisions of Schedule 7.”.
(2) In Schedule 7 to the principal Order (rateable value of hereditaments), for paragraph 1 there shall be substituted the following paragraph—
“
1 Except as provided to the contrary in this Schedule—
(a) the rateable net annual value of any hereditament shall be its net annual value (if any); and
(b) the rateable capital value of any hereditament shall be its capital value (if any).”.

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Source: https://www.legislation.gov.uk/nisi/2006/2954/article/5 (the official version)
Page: https://openlegislation.uk/rates-amendment-northern-ireland-order-2006/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.