OpenLegislation

Paragraph 4 F1

Northern Ireland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This paragraph applies to industrial hereditaments F2....

C1(2)

Where a hereditament to which this paragraph applies is distinguished in F3the NAV list as being occupied and used wholly for industrial purposes, its F4rateable net annual value shall be F5 subject to sub-paragraph (3) nil F6or such percentage of its net annual value as the Department may by order subject to affirmative resolution specify.

(3)

For the purposes of sub-paragraph (2) the F7rateable net annual value of a hereditament for any year specified in this sub-paragraph shall be the following percentage of its net annual value—

(a)

for 2005-2006, 15 per cent.;

(b)

for 2006-2007, 25 per cent.;

(c)

for 2007-2008, F830 per cent.;

(d)

for 2008-2009, F930 per cent.;

(e)

for 2009-2010, 30 per cent.;

(f)

for 2010-2011, 30 per cent..

(4)

In sub-paragraph (3) “2005-2006” means the year ending on 31st March 2006 and similar expressions shall be construed accordingly.

(5)

The Department may by order subject to affirmative resolution direct that for any percentage specified in sub-paragraph (3) there shall be substituted such other percentage as may be specified in the order.

Annotations

Textual amendments

F1

1983 NI 10

F2

1994 NI 11

F3

Words in Sch. 7 para. 4(2) substituted (1.12.2006) by Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18)), arts. 1(3), 39, Sch. 2 para. 43(5)(a)(i); S.R. 2006/464, art. 2(2), Sch. 2 (with transitional provisions in S.R. 2006/468, art. 3(1), Sch.)

F4

Words in Sch. 7 para. 4(2) substituted (1.12.2006) by Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18)), arts. 1(3), 39, Sch. 2 para. 43(5)(a)(ii); S.R. 2006/464, art. 2(2), Sch. 2 (with transitional provisions in S.R. 2006/468, art. 3(1), Sch.)

F5

2004 NI 4

F6

Words in Sch. 7 para. 4(2) inserted (temp. from 14.12.2009 until art. 3(1) of S.I. 2004/703 (N.I. 4) comes into operation) by Rates (Amendment) Act (Northern Ireland) 2009 (c. 8), ss. 4(5), 19 (with s. 4(4)); S.R. 2009/375, art. 2(2), Sch.

F7

Words in Sch. 7 para. 4(3) substituted (1.12.2006) by Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18)), arts. 1(3), 39, Sch. 2 para. 43(5)(b); S.R. 2006/464, art. 2(2), Sch. 2 (with transitional provisions in S.R. 2006/468, art. 3(1), Sch.)

F8

Words in Sch. 7 para. 4(3)(c) substituted (1.4.2007) by Rates (Industrial Hereditaments) (Amendment) Order (Northern Ireland) 2007 (S.R. 2007/1), art. 2

F9

Words in Sch. 7 para. 4(3)(d)(e)(f) substituted (4.3.2008) by Rates (Industrial Hereditaments) (Amendment) Order (Northern Ireland) 2008 (S.R. 2008/49), art. 2

Modifications

C1

Sch. 7 para. 4(2) referred to (1.4.2011) by The Rates (Industrial Hereditaments) (Specified Percentage) Order (Northern Ireland) 2011 (S.R. 2011/73), arts. 1(2), 2

Notes on the whole Order

Textual amendments

F1

functions transf. SR 1999/481

Notes on Schedule 7

Textual amendments

F1

Word in Sch. 7 heading substituted (1.12.2006) by Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18)), arts. 1(3), 39, Sch. 2 para. 43(8); S.R. 2006/464, art. 2(2), Sch. 2 (with transitional provisions in S.R. 2006/468, art. 3(1), Sch.)