# The Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2024

S.R. 2024/1 · made 3 January 2024 · revised to 31 January 2024

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 2025.

Made under: Rates (Northern Ireland) Order 1977 (Article 31C)

PDFs: Printed copy https://openlegislation.uk/rates-small-business-hereditament-relief-amendment-regulations-northern-ireland-2024/pdf/nisr_20240001_en.pdf; NI Explanatory Memorandum https://openlegislation.uk/rates-small-business-hereditament-relief-amendment-regulations-northern-ireland-2024/pdf/nisrem_20240001_en_001.pdf

## Introductory text

Rates
Made 3rd January 2024
Coming into operation- 31st January 2024
The Department of Finance makes the following Regulations in exercise of the powers conferred by Article 31C of the Rates (Northern Ireland) Order 1977.

## 1 Citation and commencement

These Regulations may be cited as the Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2024 and shall come into operation on 31st January 2024.

## 2 Definition of “qualifying year”

In the definition of “qualifying year” in regulation 2 of the Rates (Small Business Hereditament Relief) Regulations (Northern Ireland) 2010 for the words “1st April 2024” there shall be substituted the words “1st April 2025”.

## Signature

Sealed with the Official Seal of the Department of Finance on 3rd January 2024
L.S.
Sharon Magee
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 2025.

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Source: https://www.legislation.gov.uk/nisr/2024/1 (the official version)
Page: https://openlegislation.uk/rates-small-business-hereditament-relief-amendment-regulations-northern-ireland-2024
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.