Citation and commencement
1. This Order may be cited as the Rates (Regional Rates) Order (Northern Ireland) 2016 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 31st March 2017.
Regional Rates
3.—(1) The regional rate to be levied on the rateable net annual values of hereditaments shall be 32.40 pence in the pound.
(2) The regional rate to be levied on the rateable capital values of hereditaments shall be 0.4111 pence in the pound.
Sealed with the Official Seal of the Department of Finance and Personnel on 22nd January 2016
(L.S.)
Brian McClure
A senior officer of the Department of Finance and Personnel