Part I Finance
Rating
C2C3C49 Restriction on rates payable when valuation appeal is pending. C1
F11
Notwithstanding that an appeal under the Valuation Acts is pending with respect to any lands and heritages the rates levied on those lands and heritages shall be payable in accordance with section 8 of this Act.
2
On the determination of the appeal referred to in subsection (1) above, the difference, if any, between the amount paid by virtue of that subsection and the amount which would have been payable on the rateable valuation as determined in the appeal shall—
a
if an overpayment has been made, be repaid by the rating authority, and
b
if an underpayment has been made, be recovered by the rating authority as if it were arrears of rates due and payable to them.