Railways (Valuation For Rating) Act, 1931
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Valuation of railway hereditaments where net annual value of undertaking as a whole exceeds minimum value of undertaking as a whole. |
9.—Where at a quinquennial revision the net annual value of a railway company's undertaking as a whole for the purposes of such revision exceeds the minimum value of such undertaking as a whole for the purposes of such revision the Commissioner shall at such revision apportion the said net annual value of such undertaking as a whole between all the railway hereditaments in Saorstát Eireann occupied by such company in accordance with the rules contained in the Schedule to this Act, and the amount so apportioned to any railway hereditament at such revision shall be the valuation of such railway hereditament for the purposes of such quinquennial revision. |