Housing Act, 1925
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Local authority may remit portion of rates. |
8.—(1) Any local authority having power to levy rates may, and when required by the Minister shall, in every of the first nineteen local financial years after the valuation for rating purposes of a house in respect of the erection of which a grant shall have been made by the Minister under this Act to a person or public utility society, remit a portion of the rates leviable in respect of that house in that year by the local authority. | |
(2) The amount of the rate leviable in any such year as aforesaid which may or shall be remitted by a local authority under the foregoing sub-section shall not exceed the proportion of such rate specified in the second column of Part II. of the Second Schedule to this Act opposite the number of such year in the first column of the said Part II. | ||
(3) The provisions of section 69 of the Local Government Act, 1925 , shall not have effect in the case of any house in respect of which a grant is made by the Minister under this Act. | ||
(4) For the purposes of the assessment and levying of any rate raised by a local authority for the service of any local financial year ending within seven years from the completion of reconstruction by a person or public utility society of a building in respect of which a grant shall have been made by the Minister, the valuation of such building under the Valuation Acts may, and when required by the Minister shall, be deemed by the local authority to be the valuation which was in force in respect of such building under the said Acts immediately before such reconstruction. |