2021 No. 111
Rates

The Rates (Small Business Hereditament Relief) (Amendment) Regulations (Northern Ireland) 2021

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) 2021 and shall come into operation on 30th April 2021.

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 2021” there shall be substituted the words “1st April 2022”.

Sealed with the Official Seal of the Department of Finance on 23rd April 2021

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 2022.