Finance (Local Property Tax) Act 2012

4.

Residential property fully subject to municipal rates.

F9[4.— A residential property shall not, for the F10[for the purposes of section 16(1)], be regarded as a relevant residential property where the property is a property which—

(a) is wholly used as a dwelling (other than a dwelling that forms part of a mixed hereditament within the meaning of the Local Government (Financial Provisions) Act 1978), and

(b) in respect of which municipal rates (within the meaning of the Valuation Act 2001) are payable.]

Annotations

Amendments:

F9

Substituted (13.03.2013) by Finance (Local Property Tax) (Amendment) Act 2013 (4/2013), s. 16(b), commenced on enactment.

F10

Substituted (22.07.2021) by Finance (Local Property Tax) (Amendment) Act 2021 (31/2021), s. 8, commenced on enactment. This amendment applies only in respect of the year 2022 and each subsequent year as provided by 31/2021, s. 3(b).