2011 No. 72
Rates

The Rates (Regional Rates) Order (Northern Ireland) 2011

Made
Affirmed by resolution of the Assembly on
Coming into operation in accordance with Article 1
The Department of Finance and Personnel makes the following Order in exercise of the powers conferred by Article 7(1) and (3) of the Rates (Northern Ireland) Order 19771.
In accordance with Article 7(4)2 of that Order it has taken into consideration estimates of the amounts required to be raised by district rates.

Citation and commencement1.

This Order may be cited as the Rates (Regional Rates) Order (Northern Ireland) 2011 and shall come into operation on the day after the day on which it is affirmed by resolution of the Assembly.

Application2.

This Order shall apply in respect of the year ending on 31st March 2012.

Regional rates3.

(1)

The regional rate to be levied on the rateable net annual values of hereditaments shall be 31.46 pence in the pound.

(2)

The regional rate to be levied on the rateable capital values of hereditaments shall be 0.3698 pence in the pound.

Sealed with the Official Seal of the Department of Finance and Personnel on 4th March 2011

Brian McClure
A senior officer of the Department of Finance and Personnel
EXPLANATORY NOTE
(This note is not part of the Order)

This Order fixes the amounts of the regional rates for the year ending 31st March 2012. It fixes 31.46 pence in the pound as the amount of the regional rate to be levied on the rateable net annual values of hereditaments and 0.3698 pence in the pound as the amount of the regional rate to be levied on the rateable capital values of hereditaments. The non domestic regional rate and domestic regional rate are both increased by 2.5 per cent.

Hereditaments which are dwelling-houses, private garages and private storage premises have a rateable capital value. Hereditaments which are used partly for the purposes of a private dwelling have a rateable capital value and a rateable net annual value. All other hereditaments have a rateable net annual value.