F1Sch. 12 Pt. X (paras. 1-8) repealed (prosp.) by Rates (Amendment) Act (Northern Ireland) 2009 (c. 8), ss. 8(3)(e), 18, 19(1), Sch. 2
5.—(1) For any year the net annual value of a hereditament to which this Part applies—N.I.
(a)where the dock undertaking is wholly comprised in one hereditament, shall be the amount determined for that year in accordance with paragraph 6;
(b)where the dock undertaking extends to two or more hereditaments, shall be the portion of the amount determined for that year in accordance with paragraph 6 allocated to the hereditament under paragraph 7.
(2) Where (apart from this sub-paragraph) any net annual value determined under this Part would include a fraction of a pound—
(a)if the fraction would exceed 50 pence it shall be made up to one pound, and
(b)if the fraction would be 50 pence or less it shall be ignored.