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The Rates (Payment of Interest) (Amendment) Regulations (Northern Ireland) 2010

S.R. 2010/38 · Made 18 February 2010

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 18th February 2010

Coming into operation 1st April 2010

The Department of Finance and Personnel makes the following Regulations in exercise of the powers conferred by Article 15A of the Rates (Northern Ireland) Order 1977f1.

Annotations to the whole text

Footnotes

f1

S.I. 1977/2157 (N.I. 28); Article 15A was inserted by Article 34 of the Rates (Amendment) (Northern Ireland) Order 2006 (S.I. 2006/2954 (N.I. 18))

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Rates (Payment of Interest) Regulations (Northern Ireland) 2007
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Rates (Payment of Interest) (Amendment) Regulations (Northern Ireland) 2010 and shall come into operation on 1st April 2010.

2Amendment of the Rates (Payment of Interest) Regulations (Northern Ireland) 2007

In regulation 2 of the Rates (Payment of Interest) Regulations (Northern Ireland) 2007f1 for the definition of “repayment” there shall be substituted the following definition—

  • ““repayment” means a repayment or, as the case may be, a crediting by the Department of any amount paid on account of a rate or any amount paid pursuant to an agreement under Regulations under Article 29Af2 of the 1977 Order, but does not include a repayment or crediting of any amount under —

    1. (a)

      Article 11(4)(b), 30Df3 or 33Bf4 of the 1977 Order;

    2. (b)

      a scheme under section 122(1) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992f5 for the provision of housing benefit; or

    3. (c)

      a rate relief scheme under Article 30Af6 of the 1977 Order.”.

Signature

Sealed with the Official Seal of the Department of Finance and Personnel on 18th February 2010

(L.S.)

Brian McClure

A senior officer of the Department of Finance and Personnel

Explanatory note

(This note is not part of the Regulations)

The Rates (Payment of Interest) Regulations (Northern Ireland) 2007 (“the 2007 Regulations”) provide, subject to exceptions, for the payment of interest where the Department of Finance and Personnel repays an amount paid on account of a rate or credits such an amount against a subsequent liability to rates.

These Regulations amend the 2007 Regulations—

(a)

by providing for interest to be payable on the repayment of any overpayment under an agreement for the deferred payment of rates; and

(b)

by providing that no interest shall be payable where repayments or credits are made under Article 30D of the Rates (Northern Ireland) Order 1977 (energy efficiency).