Seanad debates

Wednesday, 22 October 2014

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

 

Government amendment No. 71: In page 16, after line 49, to insert the following:“Amendment of section 56 of Principal Act25. Section 56(1) of the Principal Act is amended by substituting for the definition of “appropriate year” the following:" 'appropriate year’ means—(a) subject to paragraph (b), the financial year immediately following the financial year in which the first valuation under section 19 is carried out in relation to relevant properties situate in the area of the rating authority concerned, or (b) if the effective date for the first valuation under section 19 carried out in relation to the foregoing properties is different from the publication date, the financial year immediately following the effective date;”.”.

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