Local Government Act, 1994

Amendment of section 29 of the Act of 1946.

45.—The following section is hereby substituted for section 29 of the Act of 1946:

“29. (1) A rating authority shall immediately prior to, or as soon as may be after, the beginning of each local financial year, make one rate for the whole financial year (upon the hereditaments liable for rates according to the valuation of each hereditament in the latest valuation list transmitted by the Commissioner of Valuation at the time of adoption of estimates of expenditure) and shall collect such rate in equal moieties, one such moiety for each half year of such local financial year.

(2) A rate made in accordance with subsection (1) of this section shall exclude a valuation which is a specified valuation within the meaning of section 2 of the Local Government (Financial Provisions) Act, 1978 .”.