Commercial rates form an important element of the funding of all local authorities. However, the legislative basis for the levying of rates is spread over a number of enactments, some dating back to the 19th century. Many of the provisions are outdated and not suitable for business trends in the modern era. I have asked my Department to develop proposals for a consolidated Rates Bill to modernise and consolidate the legislation in this area. Among the measures being considered for inclusion in the General Scheme of the Bill are provisions to allow a local authority to introduce rates alleviation schemes, which would include schemes to support the implementation of Realising Our Rural Potential: The Action Plan for Rural Development. I hope to bring proposals in this regard to Government shortly.