1.—(1) This Order may be cited as the Rates (Regional Rates) Order (Northern Ireland) 1998 and shall come into operation on 1st April 1998.
(2) In this Order—
“specified hereditament” means a hereditament of a type specified under Article 3 of the New Valuation List (Time and Class of Hereditaments) Order (Northern Ireland) 1995(1);
“unspecified hereditament” means a hereditament which is not a specified hereditament.
2. The regional rates for the year ending 31st March 1999 shall be 26·68 pence in the pound in respect of specified hereditaments and 169·19 pence in the pound in respect of unspecified hereditaments.
3. The amount by which the normal regional rate fixed for the year ending 31st March 1999 under Article 2 is to be reduced in respect of unspecified hereditaments for the purposes of paragraphs (2) and (3) of Article 27 of the Rates (Northern Ireland) Order 1977 shall be 70 pence.
Sealed with the Official Seal of the Department of Finance and Personnel on
L.S.
D. Thomson
Assistant Secretary
2nd March 1998.