Citation and commencement
1. This Order may be cited as the Rates (Regional Rates) Order (Northern Ireland) 2011 and shall come into operation on the day after the day on which it is affirmed by resolution of the Assembly.
Application
2. This Order shall apply in respect of the year ending on 31st March 2012.
Regional rates
3.—(1) The regional rate to be levied on the rateable net annual values of hereditaments shall be 31.46 pence in the pound.
(2) The regional rate to be levied on the rateable capital values of hereditaments shall be 0.3698 pence in the pound.
Sealed with the Official Seal of the Department of Finance and Personnel on 4th March 2011
Brian McClure
A senior officer of the Department of Finance and Personnel