Planning and Development (Amendment) Act 2018
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Amendment of section 23 of Derelict Sites Act 1990 | ||
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59. Section 23 of the Derelict Sites Act 1990 is amended by— | ||
(a) substituting the following subsection for subsection (3): | ||
“(3) The amount of the derelict sites levy shall— | ||
(a) in respect of the local financial year prescribed in accordance with subsection (1), be such amount as is equal to 3 per cent of the market value of urban land concerned, | ||
(b) in respect of any subsequent local financial year falling before the year 2020, be such amount as is equal to— | ||
(i) 3 per cent of the said market value, or | ||
(ii) such other percentage (not exceeding 3 per cent) of the said market value as may stand prescribed for the time being, | ||
and | ||
(c) in respect of the local financial year 2020 or any subsequent local financial year, be such amount as is equal to— | ||
(i) 7 per cent of the said market value, or | ||
(ii) such other percentage (not exceeding 7 per cent) of the said market value as may stand prescribed for the time being.”, | ||
and | ||
(b) substituting the following subsection for subsection (4): | ||
“(4) Where it is proposed to make regulations under subsection (3), a draft of the regulations shall be laid before each House of the Oireachtas not later than 3 months before the beginning of the year in which it is proposed that the regulations would come into operation, and the regulations shall not be made unless a resolution approving the draft is made by each such House.”. |