2000 No. 975 (W.45)
RATING AND VALUATION, WALES

The Rates and Precepts (Final Adjustments) (Amendment) (Wales) Order 2000

Made
Coming into force
The National Assembly for Wales makes the following Order in exercise of the powers conferred on the Secretary of State by section 147(1) and (2) of the Local Government Finance Act 19881 which are now vested in it so far as exercisable in Wales2:

Citation, commencement and application1.

–

(1)

This Order, may be cited as the Rates and Precepts (Final Adjustments) (Amendment) (Wales) Order 2000 and shall come into force on 31st March 2000.

(2)

This Order applies only to Wales.

Relevant year2.

In article 2 of the Rates and Precepts (Final Adjustments) Order 1991 (“the 1991 Order”)3, in the definition of “relevant year”, after “subsequent financial year” there is added “until, and including, the financial year beginning in 1999”.

Late rating adjustments3.

In paragraph (2) of article 3 of the 1991 Order, after “as mentioned in paragraph (1),” there is added “and on or before 31st March 2001,”.

Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 19984
D. Elis Thomas
The Presiding Officer of the National Assembly
(This note is not part of the Order)

The Rates and Precepts (Final Adjustments) Order 1991 (“the 1991 Order”) provides for financial adjustments, as between certain bodies which, in respect of the financial year beginning on 1st April 1989, were precepting authorities (or their successors) and the bodies which, in respect of that year, were rating authorities.

The adjustments relate to amounts found to be recoverable, or written off as irrecoverable or refunded, on or after 1st April 1990, which are attributable to rates for a period ending before that date, and to associated administrative expenses.

This Order, which applies only to Wales, amends the definition of “relevant year” in article 2 of the 1991 Order so that the adjustments cease to apply after the financial year 1999/2000 (article 2).

The Order also amends article 3 of the 1991 Order so that notification of a calculation made in accordance with that article must be on or before 31st March 2001 (article 3).