S.I. No. 494/2016 - Valuation Act 2001 (Global Valuation) (Apportionment) (Virgin Media Ireland Limited) Order 2016.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 30th September, 2016.

I, FRANCES FITZGERALD, Minister for Justice and Equality, in exercise of the powers conferred on me by sections 53 (8) and 58 of the Valuation Act 2001 (No. 13 of 2001) and the Valuation Office (Transfer of Departmental Administration and Ministerial Functions) Order 2015 ( S.I. No. 638 of 2015 ) and after consultation with the Minister for Housing, Planning, Community and Local Government (as adapted by the Environment, Community and Local Government (Alteration of Name of Department and Title of Minister) Order 2016 ( S.I. No. 394 of 2016 )), hereby order as follows:

1. (1) This Order may be cited as the Valuation Act 2001 (Global Valuation) (Apportionment) (Virgin Media Ireland Limited) Order 2016.

(2) In this Order “Act of 2001” means the Valuation Act 2001 (No. 13 of 2001).

2. (1) The Commissioner shall apportion the global valuation of Virgin Media Ireland Limited, determined pursuant to section 53(6)(a) of the Act of 2001, between each of the rating authorities in whose areas property comprised in the valuation is situate in accordance with paragraph (2).

(2) The apportionment referred to in paragraph (1) shall be in the proportion, expressed as a percentage, that the population resident in the area of each such rating authority, as determined by the census of population taken under the Statistics (Census of Population) Order 2010 (No. 207 of 2010), bears to the total population of those rating authorities as so determined.

3. In respect of the period for which an existing valuation list remains in force in relation to the area of a rating authority to which Article 2 refers, the valuation apportioned to such authority under that Article shall be multiplied by a factor of 0.002343 to establish the adjusted global valuation for the area of the rating authority to be specified in the central valuation list pursuant to section 58 of the Act of 2001.

4. (1) The apportioned and adjusted global valuation for each rating authority determined in accordance with this Order, shall, subject to paragraph (2), be rounded to the nearest whole euro.

(2) Where the apportioned and adjusted global valuation referred to in paragraph (1) results in the amount concerned being an amount in euro and 50 cent or greater than 50 cent that amount shall be rounded upwards to the nearest whole euro.

GIVEN under my Official Seal,

24 September 2016.

FRANCES FITZGERALD,

Minister for Justice and Equality.