
1 

(1) These Regulations may be cited as the Rates (Making and Levying of Different Rates) Regulations (Northern Ireland) 2002 and shall come into operation on 28th January 2003.
(2) In these Regulations–
 “specified hereditament” means a hereditament of a class specified by Article 3 of the New Valuation List (Time and Class of Hereditaments) Order (Northern Ireland) 2000;
 “unspecified hereditament” means a hereditament which is not a specified hereditament;
 “non-domestic rate” means a rate levied on specified hereditaments; and
 “domestic rate” means a rate levied on unspecified hereditaments.
2 
In respect of the year ending on 31st March 2004 and each subsequent year different rates may be made and levied on–
(a) specified hereditaments on the one hand; and
(b) unspecified hereditaments on the other,in accordance with regulation 3.
3 

(1) The domestic rate shall bear the same relation to the non-domestic rate as the aggregate of the net annual value of specified hereditaments as ascertained by reference to 1st April 2001 bears to the aggregate of the net annual value of such hereditaments as ascertained by reference to 1st April 1976.
(2) In this regulation any reference to the domestic rate or to the non-domestic rate shall be construed as a reference to such a rate before the deduction of any discounts or allowances.
4 

(1) Subject to paragraph (2), the Rates (Making and Levying of Different Rates) (No. 2) Regulations (Northern Ireland) 1997 (“the 1997 Regulations) are hereby revoked.
(2) The 1997 Regulations shall continue to apply in respect of the year ending on 31st March 2003 and earlier years.
Sealed with the Official Seal of the Department of Finance and Personnel on 23rd December 2002.
N. Taylor
A senior officer of the
Department of Finance and Personnel
