Ms Josephine Feehily:

The provision the Deputy has in mind is nothing to do with the valuation. As I said earlier, the valuation is a matter for the property owner. The legislation provides that, beginning in 2015, local authorities may vary the rate of the tax, not the valuation of individual properties. The valuation is for householders to do but the rate of tax may, in future, be varied by local authorities up or down by 15%. If they wish to do so for 2015, they will have to notify us by September of next year.