2024 No. 2
Rates

The New NAV List (Time of Valuation) Order (Northern Ireland) 2024

Made
Coming into operation-
The Department of Finance1 makes the following Order in exercise of the powers conferred by Article 39A(1) of the Rates (Northern Ireland) Order 19772

Citation and commencement1.

This Order may be cited as the New NAV List (Time of Valuation) Order (Northern Ireland) 2024 and shall come into operation on 31st January 2024.

Annotations:
Commencement Information

I1Art. 1 in operation at 31.1.2024, see art. 1

Specification of time2.

1st April 2024 is the time by reference to which a net annual value to be ascribed to any hereditament in a new NAV list coming into force on 1st April 2026 is to be ascertained.

Annotations:
Commencement Information

I2Art. 2 in operation at 31.1.2024, see art. 1

Sealed with the Official Seal of the Department of Finance on 3rd January 2024

(L.S.)
Sharon Magee
A senior officer of the Department of Finance
EXPLANATORY NOTE
(This note is not part of the Order)

This Order specifies 1st April 2024 as the time by reference to which net annual values are to be ascertained for the purposes of the new NAV list coming into force on 1st April 2026.