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The Rates (Industrial Hereditaments) (Amendment) Order (Northern Ireland) 2007

S.R. 2007/1 · Made 8 January 2007

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

RATES

Made 8th January 2007

Coming into operation 1st April 2007

To be laid before Parliament under paragraph 7(3) of the Schedule to the Northern Ireland Act 2000

The Department of Finance and Personnelf1 makes the following Order in exercise of the powers conferred by Article 17(2) of, and paragraph 4(5) of Schedule 7 to, the Rates (Northern Ireland) Order 1977f2:

Annotations to the whole text

Footnotes

f1

Formerly the Department of Finance; see S.I. 1982/338 (N.I. 6) Article 3

f2

S.I. 1977/2157 (N.I. 28); Article 17 was substituted by Article 5 of the Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18)); paragraph 4 of Schedule 7 was inserted by Article 3(1) of the Rates (Amendment No. 2) (Northern Ireland) Order 1983 (S.I. 1983/767 (N.I. 10)) and was amended by the Schedule to the Rates (Amendment) (Northern Ireland) Order 1994 (S.I. 1994/1897 (N.I. 11)), by Article 3 of the Rates (Amendment) (Northern Ireland) Order 2004 (S.I. 2004/703 (N.I.4)) and by paragraph 43(5) of Schedule 2 to the Rates (Amendment) (Northern Ireland) Order 2006; see Article 2(2) of S.I. 1977/2157 (N.I. 28) for the definition of “the Department”.

Contents

  1. 1Citation and commencement
  2. 2Amendment of Schedule 7 to the Rates (Northern Ireland) Order 1977
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the Rates (Industrial Hereditaments) (Amendment) Order (Northern Ireland) 2007 and shall come into operation on 1st April 2007.

2Amendment of Schedule 7 to the Rates (Northern Ireland) Order 1977

In paragraph 4(3)(c) of Schedule 7 to the Rates (Northern Ireland) Order 1977 for “35 per cent.” there shall be substituted “30 per cent.”.

Signature

Sealed with the Official Seal of the Department of Finance and Personnel on 8th January 2007

L.S.

Brian McClure

A senior officer of the Department of Finance and Personnel

Explanatory note

(This note is not part of the Order)

This Order provides that for the financial year beginning on 1st April 2007 the rateable net annual value of an industrial hereditament shall, where the hereditament is used wholly for industrial purposes, be 30 per cent. rather than 35 per cent. of its net annual value. This means that rates shall be chargeable on 30 per cent. rather than 35 per cent. of the hereditament’s net annual value. Where an industrial hereditament is used partly for industrial purposes, 30 per cent. rather than 35 per cent. of the net annual value apportioned by the Commissioner of Valuation for Northern Ireland or the district valuer to the occupation and use of the hereditament for industrial purposes shall be applied in computing the rateable net annual value of the hereditament for that year.