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The Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2020

S.R. 2020/91 · Made 1 June 2020

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 1st June 2020

Coming into operation 23rd June 2020

The Department of Financef1 makes the following Regulations in exercise of the powers conferred by Article 31C of the Rates (Northern Ireland) Order 1977f2.

Annotations to the whole text

Footnotes

f1

The reference to the Department of Finance was amended to the Department of Finance and Personnel by Article 39 of, and Schedule 2 to the Rates (Amendment) (Northern Ireland) Order 2006 (2006 No.2954 (N.I.18)). The Department of Finance and Personnel was renamed the Department of Finance by section 1(4) of, and Schedule 1 to, the Departments Act (Northern Ireland) 2016 (c.5 (N.I.)

f2

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.)) and amended by section 7 of the Financial Provisions Act (Northern Ireland) 2014 (c.6(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) 2020 and shall come into operation on 23rd June 2020.

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 2020” there shall be substituted the words “1st April 2021”.

Signature

Sealed with the Official Seal of the Department of Finance on 1st June 2020

L.S.

Alan Brontë

A senior officer of the Department of Finance

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 2021.