# Rates (Restriction on Amount Recoverable) Order (Northern Ireland) 1997, Note: Explanatory note


(This note is not part of the Order.)
A new Valuation List comes into effect on 1st April 1997. Where an application for the revision of the Valuation List in relation to a hereditament is made to the District Valuer, then in certain circumstances Article 12 of the Rates (Northern Ireland) Order 1977 restricts the amount of rates recoverable until the application and any consequent appeal has been disposed of. The amount recoverable prior to the coming into operation of this Order was the sum of the amount of rates levied in respect of the hereditament in the year before the new Valuation List came into effect and one half of the difference between that amount and the amount of rates to be levied in respect of the hereditament after the new Valuation List came into effect. This Order increases the amount which may be recovered by substituting the fraction of three quarters for the fraction of one half.

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Source: https://www.legislation.gov.uk/nisr/1997/119/note (the official version)
Page: https://openlegislation.uk/rates-restriction-on-amount-recoverable-order-northern-ireland-1997/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.