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2003 No. 72

RATES

Valuation (Railways) Regulations (Northern Ireland) 2003

  Made 13th February 2003 

The Department of Finance and Personnel[1], in exercise of the powers conferred on it by Article 37(4) of the Rates (Northern Ireland) Order 1977[2] and of every other power enabling it in that behalf, hereby makes the following Regulations:

Citation
     1. These Regulations may be cited as the Valuation (Railways) Regulations (Northern Ireland) 2003.

Interpretation
    
2. In these Regulations "the Company" means the Northern Ireland Railways Company Limited.

Hereditaments
    
3.  - (1) Subject to paragraph (2), anything which would (apart from these Regulations) be more than one hereditament, shall be treated as one hereditament ("the single hereditament") if it consists of property which is occupied by the Company for the purposes of its undertaking but which is not -

    (2) Where anything would (apart from these Regulations) form a hereditament consisting partly of property mentioned in paragraph (1) and partly of other property, such other property shall not form part of the single hereditament but shall instead be treated as a separate hereditament.



Sealed with the Official Seal of the Department of Finance and Personnel on 13th February 2003.

L.S.


Brian McClure
A senior officer of the Department of Finance and Personnel


EXPLANATORY NOTE

(This note is not part of the Regulations.)


These Regulations provide that property occupied by the Northern Ireland Railways Company Limited ("the Company") which would, apart from these Regulations, be more than one hereditament shall be treated as one hereditament ("the single hereditament").

The Regulations also provide that specified property occupied by the Company shall not form part of the single hereditament.


Notes:

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

[2] S.I. 1977/2157 (N.I. 28); Article 37(4) was substituted by Article 6(1) of the Rates (Amendment) (Northern Ireland) Order 1996 (S.I. 1996/3162 (N.I. 25))back



ISBN 0 33794866 6


  © Crown copyright 2003

Prepared 20 February 2003


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URL: http://www.bailii.org/nie/legis/num_reg/2003/20030072.html