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AI Summary of 13. Valuation date.

The valuation date in this Act is the date by reference to which the chargeable value of a relevant residential property is to be established. In this Act, a period of years referred to in paragraph (a), (b), (c) or (d) of subsection (2) is referred to as a valuation period.

The valuation date for relevant residential property is: 1 May 2013 for the years 2013 to 2021; 1 November 2021 for the years 2022 to 2025; 1 November 2025 for the years 2026 to 2030; and, for each consecutive five-year period after the year 2030, 1 November in the year preceding the first year of the particular five-year period. The Minister may, by order, alter the valuation date referred to in subsection (2).

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 July 2025 - onwards
Version 7 of 7

13. Valuation date.

(1) In this Act the date by reference to which the chargeable value of a relevant residential property is to be established is referred to as the valuation date.

(1A) In this Act, a period of years referred to in paragraph (a), (b), (c) or (d) of subsection (2) is referred to as a valuation period.

(2) The valuation date in relation to a relevant residential property shall be -

(a) 1 May 2013 for the years 2013 to 2021,

(b) 1 November 2021 for the years 2022 to 2025,

(c) 1 November 2025 for the years 2026 to 2030, and

(d) for each consecutive 5-year period after the year 2030, 1 November in the year preceding the first year of the particular 5-year period.

(3) The Minister may, by order, alter the valuation date referred to in subsection (2).