# The Rates (Amendment) Regulations (Northern Ireland) 2010, Note: Explanatory note


(This note is not part of the Regulations)
Schedules 1 and 2 to the Rates Regulations (Northern Ireland) 2007 (“the 2007 Regulations”) provide for the determination of the product of a capital value rate and a NAV rate of one penny in the pound for the purpose of ascertaining the product of a district rate to be paid to a district council by the Department of Finance and Personnel.
These Regulations amend Schedules 1 and 2 to the 2007 Regulations so as to extend to the 2010/11 financial year the provision that the loss on collection of rates will be calculated as if any allowance made under Article 21 of the Rates (Northern Ireland) Order 1977 in respect of any hereditament owned by the Northern Ireland Housing Executive was 10 per cent. instead of 15 per cent.

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Source: https://www.legislation.gov.uk/nisr/2010/18/note (the official version)
Page: https://openlegislation.uk/rates-amendment-regulations-northern-ireland-2010/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.