# The Rates (Maximum Capital Value) Regulations (Northern Ireland) 2007, Regulation 3: Liability to be rated according to maximum capital value

Extent: N.I.

In respect of a specified hereditament which has a rateable capital value, a person shall be liable for rates in respect of its maximum capital value instead of its rateable capital value, if its rateable capital value exceeds its maximum capital value.

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Source: https://www.legislation.gov.uk/nisr/2007/184/regulation/3 (the official version)
Page: https://openlegislation.uk/rates-maximum-capital-value-regulations-northern-ireland-2007/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.