Poor Relief (Ireland) Act, 1838

Rates to be made on estimate of annual value.

64. Every such rate shall be a poundage rate made upon an estimate of the net annual value of the several hereditaments rated thereunto; that is to say, of the rent at which one year with another the same might in their actual state be reasonably expected to let from year to year, the probable annual average cost of the repairs, insurance, and other expences, if any, necessary to maintain the hereditaments in their actual state, and all rates, taxes, and public charges, if any, except tithes, being paid by the tenant.