Simon Harris (Wicklow, Fine Gael) | Oireachtas source

This is a technical amendment that clarifies the list to be referred to for the properties in a rating authority area that are the subject of a revaluation. As defined by the legislation, a valuation list is a list that has been compiled as part of a revaluation exercise. An existing valuation list is a valuation list that existed before the commencement of the Valuation Act 2001. Not all rating authorities have undergone their first revaluation at this stage. The list of a rating authority that has yet to be revalued is technically known as an existing valuation list. Section 19(2), which tasks a person with valuing everything on a list, must refer both to a valuation list and an existing valuation list, so it is merely a technical amendment.