|
|
The primary allowance rate.
|
5.—(1) As soon as may be after the passing of this Act, the Minister shall ascertain and certify in respect of every county—
|
|
| |
(a) the rate in the pound on the valuation for the financial year which began on the 1st day of April, 1933, of all agricultural land in such county to which the aggregate amount of the following grants is equivalent, that is to say:—
|
|
| |
(i) the sum certified under the Act of 1898 to be pay able out of the agricultural grant referred to in section 48 of that Act to the council of such county in respect of the financial year which began on the 1st day of April, 1933, and
|
|
| |
(ii) the sum payable out of the supplementary grant under the Act of 1925 to the said council in respect of the said financial year, and
|
|
| |
(iii) the sum payable out of the additional supplementary grant under the Act of 1931 to the said council in respect of the said financial year, and
|
|
| |
(b) the rate in the pound on that portion of the valuation of all the agricultural land in such county which was specified valuation within the meaning of the Act of 1933 to which the grant payable to such county under the said Act of 1933 is equivalent.
|
|
| |
(2) In this Act, the expression “the primary allowance rate” in relation to any county means the aggregate of the two rates in the pound certified by the Minister under this section in respect of such county.
|
