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Rates (Northern Ireland) Order 1977
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Changes over time for: Section 39B
Version Superseded: 01/04/2007
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- 01/01/2006- Amendment
- 01/07/2006
Point in time - 01/04/2007- Amendment
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Rates (Northern Ireland) Order 1977, Section 39B is up to date with all changes known to be in force on or before 25 January 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Adjusted net annual valueN.I.
[39B.F1—(1) In a case where the Department so provides by order subject to negative resolution in relation to a new valuation list to come into force on 1st April in any year, the net annual value to be ascribed in that list to a specified hereditament or to an unspecified hereditament (depending on which the order provides) shall, instead of the annual value arrived at under Articles 39 and 39A, be that value as adjusted by a method prescribed in the order.
(2) Any method so prescribed shall be such as in the opinion of the Department will preserve the ratio which it estimates will exist, immediately before the coming into force of the new valuation list, between the net annual values of specified hereditaments in Northern Ireland as a whole and the net annual values of unspecified hereditaments in Northern Ireland as a whole.
(3) Before prescribing a method, the Department shall consult
(a)any association which appears to the Department to be representative of district councils;
(b)any district council and any other body of persons, with whom consultation appears to the Department to be desirable.]
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