Finance (Local Property Tax) (Amendment) Act 2021

PART 9

Amendments to Part 12 of Principal Act

Amendment of section 131 of Principal Act

37. Section 131 of the Principal Act is amended, in subsection (1), by the substitution of the following paragraph for paragraph (b):

“(b) interest shall be charged on the deferred amount from the date on which that amount becomes payable until such time as it is paid at the daily rate of 0.008 per cent (referred to in this Part as ‘deferral interest’), and”.