Dáil Éireann Debate, Wednesday - 23 January 2013
42. Deputy Éamon Ó Cuív asked the Minister for Public Expenditure and Reform the discussions he has had with the Valuation Office in respect of valuing for commercial rates purposes assets to be transferred to any new State organisation when these assets are not currently subject to commercial rates; and if he will make a statement on the matter. [2824/13]
Amharc ar fhreagraThe Commissioner of Valuation is independent in the exercise of his duties under the Valuation Act 2001. Under the provisions of that Act, commercial and industrial properties occupied by the State may be entered on the valuation list but are not rateable. If such properties entered on the valuation list are transferred by the State to another body, public or private, they become effective for rates purposes immediately. As the valuations are already on the valuation list, there is no need for the Valuation Office to revisit those valuations. If rateable properties are not on the valuation list, Local Authorities may apply to the Commissioner under Section 27 of the Valuation Act and the Commissioner will schedule their valuation.
