Finance (Local Property Tax) Act 2012

13.

Valuation date.

13.— (1) In this Act the date by reference to which the chargeable value of a relevant residential property is to be established is referred to as the valuation date.

F41[(1A) In this Act, a period of years referred to in paragraph (a), (b) or (c) of subsection (2) is referred to as a valuation period.]

F42[(2) The valuation date in relation to a relevant residential property shall be—

(a) 1 May 2013 for the years 2013 to 2021,

(b) 1 November 2021 for the years 2022 to 2025, and

(c) for each consecutive 4-year period after the year 2025, 1 November in the year preceding the first year of the particular 4-year period.]

(3) The Minister may, by order, alter the valuation date referred to in subsection (2).

Annotations

Amendments:

F41

Inserted (22.07.2021) by Finance (Local Property Tax) (Amendment) Act 2021 (31/2021), s. 20(a), commenced on enactment.

F42

Substituted (22.07.2021) by Finance (Local Property Tax) (Amendment) Act 2021 (31/2021), s. 20(b), commenced on enactment.

Editorial Notes:

E8

Power pursuant to subs. (3) exercised (22.10.2020) by Finance (Local Property Tax) Act 2012 (Section 13(3)) Order 2020 (S.I. No. 458 of 2020).

E9

Previous affecting provision: subs. 2(a), (b) substituted (22.10.2020) by Finance (Local Property Tax) Act 2012 (Section 13(3)) Order 2020 (S.I. No. 458 of 2020), art. 3; substituted as per F-note above.

E10

Previous affecting provision: subs. 2(a), (b) substituted (18.04.2019) by Finance (Local Property Tax) Act 2012 (Section 13(3)) Order 2019 (S.I. No. 166 of 2019), art. 2; substituted as per E-note above.

E11

Previous affecting provision: power pursuant to subs. (3) exercised (18.04.2019) by Finance (Local Property Tax) Act 2012 (Section 13(3)) Order 2019 (S.I. No. 166 of 2019); revoked (22.10.2020) by Finance (Local Property Tax) Act 2012 (Section 13(3)) Order 2020 (S.I. No. 458 of 2020), art. 4.

E12

Previous affecting provision: subs. (2)(a), (b) amended (20.12.2015) by Finance (Local Property Tax) (Amendment) Act 2015 (50/2015), s. 7, commenced on enactment; substituted as per F-note above.