Statutory Instruments
2004 No. 3151
RATING AND VALUATION, ENGLAND
The Non-Domestic Rating (Stud Farms) (England) Order 2004
Made
29th November 2004
Laid before Parliament
8th December 2004
Coming into force
1st April 2005
The First Secretary of State, in exercise of the powers conferred by section 143(2) of, and paragraph 2A(2)(a) of Schedule 6 to, the Local Government Finance Act 1988( 1 ), hereby makes the following Order:
Citation, application and commencement
1. This Order, which applies to England only, may be cited as the Non-Domestic Rating (Stud Farms) (England) Order 2004, and shall come into force on 1st April 2005.
Specified amount- deduction in rateable value
2. In respect of the rateable value of any hereditament shown in a non-domestic rating list compiled on or after 1st April 2005, £3,500 is the amount specified for the purposes of paragraph 2A of Schedule 6 to the Local Government Finance Act 1988 (deductions from valuation of hereditaments used for breeding horses etc. ).
Revocation and saving
3. —(1) Subject to paragraph (2), the Non-Domestic Rating (Stud Farms) (England) Order 2001( 2 ) is revoked.
(2) The Non-Domestic Rating (Stud Farms) (England) Order 2001 shall continue to have effect in respect of the rateable value of any hereditament shown in a non-domestic rating list compiled before 1st April 2005.
Signed by authority of the First Secretary of State
Phil Hope
Parliamentary Under Secretary of State,
Office of the Deputy Prime Minister
29th November 2004
1988 c. 41 . Paragraph 2A was inserted by sections 79(3) and 139 of and paragraph 38(11) of Schedule 5 to the Local Government and Housing Act 1989 (c. 42) . These powers were devolved, in relation to Wales, to the National Assembly for Wales by the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672 ); see the reference to the Local Government Finance Act 1988 in Schedule 1.
S.I. 2001/2586 .