Finance (Local Property Tax) Act 2012 (Number 52 of 2012)
PART 4
Charging Provisions
13 Valuation date.
(1) In this Act the date by reference to which the chargeable value of a relevant residential property is to be established is referred to as the valuation date.
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(1A) In this Act, a period of years referred to in paragraph (a), (b) or (c) of subsection (2) is referred to as a valuation period.
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(1A) In this Act, a period of years referred to in paragraph (a), (b), (c) or (d) of subsection (2) is referred to as a valuation period.
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(2) The valuation date in relation to a relevant residential property shall be—
(a) 1 May 2013 [1]>for the years 2013, 2014, 2015 and 2016<[1][1]>for the years 2013, 2014, 2015, 2016, 2017, 2018 and 2019<[1], and
(b) for each consecutive 3-year period after the [2]>year 2016<[2][2]>year 2019<[2], 1 November in the year preceding the first year of the particular 3 year period.
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(2) The valuation date in relation to a relevant residential property shall be—
(a) 1 May 2013 for the years 2013 to 2021,
(b) 1 November 2021 for the years 2022 to 2025, [6]>and<[6]
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(c) for each consecutive 4-year period after the year 2025, 1 November in the year preceding the first year of the particular 4-year period.
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(c) 1 November 2025 for the years 2026 to 2030, and
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(d) for each consecutive 5-year period after the year 2030, 1 November in the year preceding the first year of the particular 5-year period.
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(3) The Minister may, by order, alter the valuation date referred to in subsection (2).