Rates (Amendment) Act (Northern Ireland) 2012 Explanatory Notes

1. Introduction

2. Background and Policy Objectives

3. Consultation

4. Overview

5. Commentary on Sections

   1. Section 1: Additional rate in respect of large retail hereditaments for the years ending on 31st March 2013, 31st March 2014 and 31st March 2015

   2. Section 2: Temporary rebate for certain previously unoccupied hereditaments,

   3. Section 3: Window displays not to constitute occupation in certain cases

   4. Section 4: Restriction on same state and circumstances assumption for new NAV lists

   5. Section 5: Repeal in relation to new valuation list of special provision where net annual value fixed having regard to volume of trade

   6. Section 6: Interpretation

   7. Section 7: Commencement

   8. Section 8: Short Title

6. Hansard Reports