The Rates (Social Sector Value) (Amendment) Regulations (Northern Ireland) 2021 No. 134


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Statutory Rules of Northern Ireland


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This is the original version (as it was originally enacted). This item of legislation is currently only available in its original format.

Statutory Rules of Northern Ireland

2021 No. 134

Rates

The Rates (Social Sector Value) (Amendment) Regulations (Northern Ireland) 2021

Made

25th May 2021

Coming into operation

30th June 2021

The Department of Finance( 1) makes the following Regulations in exercise of the powers conferred by Article 23A of the Rates (Northern Ireland) Order 1977( 2).

Citation and commencement

1.  These Regulations may be cited as the Rates (Social Sector Value) (Amendment) Regulations (Northern Ireland) 2021 and shall come into operation on 30th June 2021.

Amendment of the Rates (Social Sector Value) Regulations (Northern Ireland) 2007

2.  For Schedule 1 to the Rates (Social Sector Value) Regulations (Northern Ireland) 2007( 3) there shall be substituted the Schedule 1 set out in the Schedule to these Regulations.

Revocation

3.  The Rates (Social Sector Value) (Amendment) Regulations (Northern Ireland) 2015( 4) are revoked.

Sealed with the Official Seal of the Department of Finance on 25th May 2021.

Legal seal

Alan Brontë

A senior officer of the Department of Finance

Regulation 2

SCHEDULE Schedule substituted for Schedule 1 to the Rates (Social Sector Value) Regulations (Northern Ireland) 2007

Regulation 4

SCHEDULE  1 Prescribed Registered Housing Associations

EXPLANATORY NOTE

(This note is not part of the Regulations)

The Rates (Social Sector Value) Regulations (Northern Ireland) 2007 (“the 2007 Regulations”) provide, subject to exceptions, for a person to be chargeable to rates in respect of a domestic property owned by the Northern Ireland Housing Executive or a housing association listed in Schedule 1 to the Regulations, on the basis of social sector value rather than on the basis of the property’s rateable capital value. In determining a social sector value, the Department of Finance is under a duty, by virtue of Article 23A(2) of the Rates (Northern Ireland) Order 1977, to ensure that the amount of rates chargeable is such proportion of any rent payable in respect of the property as the Department considers appropriate.

These Regulations substitute the list of housing associations in Schedule 1 to the 2007 Regulations in consequence of certain housing associations having amalgamated, ceased to exist or changed their name.

( 1)

The Department of Finance and Personnel was renamed the Department of Finance by section 1(4) of, and Schedule 1 to, the Departments Act (Northern Ireland) 2016 (c.5 (N.I.)

( 2)

S.I. 1977/2157 (N.I. 28); Article 23A was inserted by Article 7 of the Rates (Amendment) (Northern Ireland) Order 2006 ( S.I. 2006/2954 (N.I. 18))


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