Seanad debates

Wednesday, 1 October 2014

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

 

1:50 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

I make the point that while we are in the process of revaluing, the actual valuation base will remain the same so for everybody who will see an increase, somebody else should see a decrease. I am sure people such as the Leas-Chathaoirleach will keep us informed of that process.

The amendment specifically enables the commissioner to use general market or aggregate data to determine the net annual value. This includes using statistical and computer-aided techniques to analyse the data. This provision will allow the commissioner to use technology-assisted techniques which will help in accelerating revaluations in particular - the issue Senator Sheahan mentioned earlier.

A similar provision was included in the Bill as initiated as an amendment to section 48 of the principal Act. Taking account of views expressed on the amendment to section 48, the insertion of this subsection in section 13 removes any doubt about the intention of the amendment.

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