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1. This Order may be cited as the Rates (Regional Rates) Order (Northern Ireland) 2008 and shall come into operation on the day after it is affirmed by resolution of the Assembly.
2. This Order shall apply in respect of the year ending on 31st March 2009.
3.—(1) The regional rate to be levied on the rateable net annual values of hereditaments shall be 29.89 pence in the pound.
(2) The regional rate to be levied on the rateable capital values of hereditaments shall be 0.3608 pence in the pound.
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