2018 No. 68

Rates

The New NAV List (Time of Valuation) Order (Northern Ireland) 2018

Made

Coming into operation

The Department of Finance 1 makes the following Order in exercise of the powers conferred by Article 39A(1) of the Rates (Northern Ireland) Order 19772.

Citation and commencement1

This Order may be cited as the New NAV List (Time of Valuation) Order (Northern Ireland) 2018 and shall come into operation on 1st April 2018.

Specification of time2

1st April 2018 is the time by reference to which a net annual value to be ascribed to any hereditament in a new NAV list coming into force on 1st April 2020 is to be ascertained.

Sealed with the Official Seal of the Department of Finance on 28th March 2018

seal_r00001David HughesA senior officer of the Department of Finance
EXPLANATORY NOTE

(This note is not part of the Order)

This Order specifies 1st April 2018 as the time by reference to which net annual values are to be ascertained for the purposes of the new NAV list coming into force on 1st April 2020.