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1.—(1) This Order may be cited as the Rates (Regional Rates) Order (Northern Ireland) 2001 and shall come into operation on 14th May 2001.
(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 2002 shall be 30·42 pence in the pound in respect of specified hereditaments and 192·95 pence in the pound in respect of unspecified hereditaments.
3. The amount by which the normal regional rate fixed for the year ending on 31st March 2002 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 69·15 pence.
Sealed with the Official Seal of the Department of Finance and Personnel on 13th February 2001.
L.S.
Brian Delaney
A Senior Officer of the
Department of Finance and Personnel
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