Batt O'Keeffe (Cork South Central, Fianna Fail)

These amendments provide for the insertion of new subsections (5) and (6) in sections 129P, 237D and 237F. The latter provide for a recalculation of the BID contribution levy, the property entry levy and the post-entry year property levy if the valuation of a property changes. The amendments provide that in the event of an appeal under Part 7 of the Valuation Act 2001 against an amended rateable valuation and where the valuation is further amended, the rating authority must recalculate the amount of the levies.

The amendments are considered necessary because the existing provisions of the Bill would not have covered a situation where an appeal is made subsequent to a revision of a valuation. Where the outcome of an appeal results in a rateable valuation that is different to an amended valuation, it is appropriate that the levies should be recalculated accordingly.