Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Valuation (Amendment) (No. 2) Bill 2012: Committee Stage

2:00 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I move amendment No. 7:

In page 21, between lines 32 and 33, to insert the following:“Amendment of section 49 of the Principal Act

27.Section 49 of the Principal Act is amended by substituting for subsection (1) the following:
“(1) If the value of a relevant property (in subsection (2) referred to as the ‘first-mentioned property’) falls to be determined for the purpose of section 28(4), (or of an appeal from a decision under that section) that determination shall be made by reference to the values, as appearing on the valuation list relating to the same rating authority area as that property is situate in, of other properties comparable to that property and any other relevant evidence concerning the net annual value of the property at the date of application.”.”.

I ask the Minister of State to respond.

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