Written answers
Tuesday, 7 July 2009
Department of Finance
Property Valuations
12:00 pm
James Reilly (Dublin North, Fine Gael)
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Question 152: To ask the Minister for Finance if he will postpone an increase in the rateable valuation of commercial properties or postpone the application of the increase in the rateable valuation of commercial properties for 30 months; if he has the authority to postpone such increases; the person who instructed the Rateable Valuations Office to carry out such a review; if he received representations from a council or council officials requesting that such a revaluation be postponed in the current economic recession; and if he will make a statement on the matter. [27218/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The revaluation exercise is governed by the terms of the Valuation Act 2001, which, among other things, provides that the specification of publication dates for valuation lists is a matter for the Commissioner of Valuation, who exercises that function by means of the making of Valuation Orders. In each case, the Valuation Order was made by the Commissioner of Valuation only after formal consultation with both the Minister for the Environment, Heritage & Local Government and the rating authority concerned, as required by the Act. The Act further provides that the Commissioner shall be independent in the performance of his functions.
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