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The Domestic Property (Valuation) (Scotland) Amendment Regulations 1991
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Statutory Instruments
1991 No. 2895 (S.222)
RATING AND VALUATION
The Domestic Property (Valuation) (Scotland) Amendment Regulations 1991
Made
19th December 1991
Laid before Parliament
20th December 1991
Coming into force
10th January 1992
The Secretary of State, in exercise of the powers conferred on him by sections 3(3) and 7(2) and (3)(b) of the Local Government Finance and Valuation Act 1991(1) and of all other powers enabling him in that behalf, hereby makes the following Regulationis:
Citation, commencement and extent
1.—(1) These Regulations may be cited as the Domestic Property (Valuation) (Scotland) Amendment Regualtions 1991 and shall come into force on 10th January 1992.
(2) These Regulations shall apply to Scotland only.
Basis of valuation
2. Regulation 2 of the Domestic Property (Valuation) (Scotland) Regulations 1991(2) is hereby amended—
(a)in paragraph (5) by the omission of the definition of “state of reasonable repair”; and
(b)by the insertion after paragraph (5) of the following paragraph:—
“(6) In determining what is “reasonable repair” in relation to a property for the purposes of paragraph (1), the age and character of the property and its locality shall be taken into account.”.
Allan Stewart
Parliamentary Under Secretary of State, Scottish Office
St. Andrew’s House,
Edinburgh
19th December 1991
Explanatory Note
(This note is not part of the Regulations)
These Regulations amend regulation 2 (basis of valuation) of the Domestic Property (Valuation) (Scotland) Regulations 1991.
The effect of the amendment is to require the age and character of domestic property and its locality, but not the reasonable expectation of a prospective purchaser, to be taken into account for the purpose of applying the valuation assumption that the property is in a state of reasonable repair.
(1)
(2)
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