Valuation for Rating (Docks) Order (Northern Ireland) 1997

Made: 21st February 1997

To be laid before Parliament under paragraph 3(3) of Schedule 1 to the Northern Ireland Act 1974

Coming into operation: 1st April 1997

The Department of Finance and Personnel[^f00001], after consultation with the Association of Local Authorities of Northern Ireland (being an association which appears to the Department to be representative of district councils) in exercise of powers conferred on it by Article 39(3) of, and paragraph 8 of Part X of Schedule 12 to the Rates (Northern Ireland) Order 1977[^f00002] and of every other power enabling it in that behalf, hereby makes the following Order:—

Citation, commencement and interpretation

1

• (1) This Order may be cited as the Valuation for Rating (Docks) Order (Northern Ireland) 1997 and shall come into operation on 1st April 1997.

• (2) In this Order “the principal Order” means the Rates (Northern Ireland) Order 1977.

Amendment of Part X of Schedule 12 to the Principal Order

2

In Part X of Schedule 12 to the principal Order—

• (a) in paragraph 2 for “£2,500” there shall be substituted “£1,000,000”;

• (b) in paragraph 4—

• (i) sub-paragraph (a) is hereby repealed; and

• (ii) for sub-paragraph (d) there shall be substituted—

(d) the rents of parts of the dock undertaking which are let as separate hereditaments; (e) any amount received by the undertaking in respect of the disposal of land; (f) grants or subsidies received by the undertaking in respect of capital works for the purpose of improving port facilities.

; and

• (c) in paragraph 5(2)—

• (i) in head (a)—

• (i) for “1977” there shall be substituted “1998”; and

• (ii) for

$(4.25×140.5160.6)$

• there shall be substituted “9”;

• (ii) in head (b)—

• (i) for “1978” there shall be substituted “1999”; and

• (ii) for

$(4.25×140.5X)$

• there shall be substituted $(9×153.8X)$

Signed

Sealed with the Official Seal of the Department of Finance and Personnel on

V. N. Hewitt — Assistant Secretary — 21st February 1997.

Explanatory note

(This note is not part of the Order.)

This Order amends the provisions for determining, by prescribed formula, the net annual values of certain dock undertakings. The main differences between this Order and Part X of Schedule 12 to the Rates (Northern Ireland) Order 1977 are:

• (a) these provisions apply to dock undertakings which have relevant receipts of more than £1,000,000 instead of £2,500 as before;

• (b) receipts from cargo handling other than from cranes and plant are included in an undertakings relevant receipts;

• (c) excluded from relevant receipts are:

• (i) all rents from parts of the undertaking which have separate valuations and are let;

• (ii) amounts received from the disposal of land; and

• (iii) grants and subsidies received for the purpose of carrying out capital works to improve port facilities; and

• (d) a new formula is substituted for the determination of the net annual value of dock undertakings.

Footnotes

[^f00001]: Formerly the Department of Finance. See S.I. 1982/338 (N.I. 6) Article 3

[^f00002]: S.I. 1977/2157 (N.I. 28)