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Welsh Statutory Instruments

2007 No. 3153 (W.269)

RATING AND VALUATION, WALES

The Rating Lists (Valuation Date) (Wales) Order 2007

Made

4 November 2007

Laid before the National Assembly for Wales

5 November 2007

Coming into force

1 December 2007

The Welsh Ministers make the following Order in exercise of the powers conferred on the Secretary of State by paragraph 2(3)(b) of Schedule 6 to the Local Government Finance Act 1988(1) and now vested in the Welsh Ministers:

Title, commencement and application

1.—(1) The title of this Order is the Rating Lists (Valuation Date) (Wales) Order 2007 and it comes into force on 1 December 2007.

(2) This Order applies in relation to Wales.

Valuation date

2.  1 April 2008 is specified under paragraph 2(3)(b) of Schedule 6 (Valuation for non-domestic rating) to the Local Government Finance Act 1988 as the day by reference to which the rateable values of non-domestic hereditaments are to be determined for the purposes of the local and central non-domestic rating lists which are to be compiled for Wales on 1 April 2010.

Revocation

3.  The Rating Lists (Valuation Date) (Wales) Order 2002(2) is revoked in so far as it relates to Wales.

Brian Gibbons

Minister for Social Justice and Local Government, one of the Welsh Ministers.

4 November 2007

Explanatory Note

(This note is not part of the Order)

By virtue of sections 41(2) and 52(2) of the Local Government Finance Act 1988 Part III, non-domestic rating lists must be compiled on 1 April in every fifth year after 1990.

For the purposes of compiling such a list the rateable value of a non-domestic hereditament is to be determined on the day on which the list must be compiled or on such day preceding that day as may be specified by order.

This Order specifies 1 April 2008 as the day by reference to which the rateable value of a non-domestic hereditament is to be determined for the purposes of the local and central non-domestic rating lists which are to be compiled on 1 April 2010.

Article 3 revokes the Rating Lists (Valuation Date) (Wales) Order 2002.

(1)

1988 c. 41. These powers were devolved, in relation to Wales, to the National Assembly for Wales by the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672), see the reference to the Local Government Finance Act 1988 in Schedule 1. By virtue of section 162 of, and paragraph 30 of Schedule 11 to, the Government of Wales Act 2006 (c. 32) those functions are exercisable by the Welsh Ministers.