Valuation Bill 2000

Public bill · Government · Presented

Would overhaul how commercial and other rateable properties are valued for local authority rates, replacing older laws with a clearer system for assessing, publishing and updating property values. It would define which properties are exempt, including homes, farmland, religious buildings, schools, hospitals, charities and community facilities, while allowing certain utility companies to be valued as a whole. Property owners and occupiers would get opportunities to challenge valuations through the Commissioner of Valuation, a Valuation Tribunal and the courts, and local authorities’ rates income could be limited to inflation-related increases after revaluation.

Formal long title

Bill entitled an Act to revise the law relating to the valuation of properties for the purposes of the making of rates in relation to them; to make new provision in relation to the categories of properties in respect of which rates may not be made and to provide for related matters

Last updated 12 April 2018