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The Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2015

S.R. 2015/123 · Made 5 March 2015

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 5th March 2015

Coming into operation 1st April 2015

The Department of Finance and Personnel makes the following Regulations in exercise of the powers conferred by Article 31C of the Rates (Northern Ireland) Order 1977f1.

Annotations to the whole text

Footnotes

f1

S.I. 1977/2157 (N.I. 28); Article 31C was substituted by section 1 of the Rates (Amendment) Act (Northern Ireland) 2009 (c. 8 (N.I.))

Contents

  1. 1Citation and commencement
  2. 2Definition of “qualifying year”
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2015 and shall come into operation on 1st April 2015.

2Definition of “qualifying year”

In the definition of “qualifying year” in regulation 2 of the Rates (Small Business Hereditament Relief) Regulations (Northern Ireland) 2010f1 for the words “1st April 2015” there shall be substituted the words “1st April 2016”.

Signature

Sealed with the Official Seal of the Department of Finance and Personnel on 5th March 2015

L.S.

Brian McClure

A senior officer of the Department of Finance and Personnel

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the definition of “qualifying year” in the Rates (Small Business Hereditament Relief) Regulations (Northern Ireland) 2010 to provide for an extension of the small business rate relief scheme until 31st March 2016.