SCHEDULE 1Amendments to primary legislation
PART 3
3
Section 115 of the Local Government Act (Northern Ireland) 19725 (expenditure for special purposes) shall be amended as follows—
a
in subsection (2)—
i
in paragraph (a)—
aa
after “hereditaments” insert “in a NAV list”;
bb
omit “which are specified hereditaments as defined by Article 39A(3) of the Rates (Northern Ireland) Order 1977”;
ii
in paragraph (b)—
aa
for “0.5p” substitute “0.00082p”;
bb
after “rateable” insert “capital”;
cc
omit “other”;
dd
after “hereditaments” insert “in a capital value list”
b
in subsection (2A) for “0.5p” substitute “0.00082p”
c
after paragraph (5) insert—
6
For the purposes of this section—
a
“capital value” means capital value for the purposes of the Rates (Northern Ireland) Order 1977 and shall be construed in accordance with Article 39 of that Order;
b
“NAV list” has the meaning given by Article 40(1)(a) of the Rates (Northern Ireland) Order 1977.