2020 No. 91
Rates

The Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2020

Made
Coming into operation
The Department of Finance1 makes the following Regulations in exercise of the powers conferred by Article 31C of the Rates (Northern Ireland) Order 19772.

Citation and commencement1.

These Regulations may be cited as the Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2020 and shall come into operation on 23rd June 2020.

Definition of “qualifying year”2.

In the definition of “qualifying year” in regulation 2 of the Rates (Small Business Hereditament Relief) Regulations (Northern Ireland) 20103 for the words “1st April 2020” there shall be substituted the words “1st April 2021”.

Sealed with the Official Seal of the Department of Finance on 1st June 2020

Alan Brontë
A senior officer of the Department of Finance
EXPLANATORY NOTE
(This note is not part of the Regulations)

These Regulations amend the definition of “qualifying year” in the Rates (Small Business Hereditament Relief) Regulations (Northern Ireland) 2010 to provide for an extension of the small business rate relief scheme until 31st March 2021.