S.I. No. 546/2024 - Valuation Act 2001 (Global Valuation) (Apportionment) (Eirgrid) Order 2024

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 22nd October, 2024.

I, DARRAGH O’BRIEN, Minister for Housing, Local Government and Heritage, 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 Global Valuation (Transfer of Departmental Administration and Ministerial Functions) Order 2024 ( S.I. No. 70 of 2024 ), hereby order as follows:

1. This Order may be cited as the Valuation Act 2001 (Global Valuation) (Apportionment) (Eirgrid) Order 2024.

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

3. (1) Tailte Éireann shall apportion the global valuation of Eirgrid, 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 as follows-

(a) the sum of €1,175,609 of the global valuation shall be apportioned to Dublin City Council,

(b) the sum of €145,040 of the global valuation shall be apportioned to Dun Laoghaire-Rathdown County Council,

(c) the sum of €7,584,133 of the global valuation shall be apportioned to Fingal County Council, and

(d) the sum of €12,384,218 of the global valuation shall be apportioned to Meath County Council.

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,

18 October, 2024.

DARRAH O’BRIEN,

Minister for Housing, Local Government and Heritage.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This order provides for the apportionment of the global valuation of Eirgrid, between each of the rating authorities in whose areas property comprised in the valuation of Eirgrid is situated. The apportionment for each rating authority included in the Order is determined by Tailte Éireann.