§ Lord Skelmersdaleasked Her Majesty's Government:
What will be the valuation date for the 1995 non-domestic revaluation.
§ The Minister of State, Department of the Environment (Baroness Blatch)The next non-domestic property revaluation is due to come into force from 1st April 1995. We propose that the antecedent date, that is the common valuations date, for the 1995 revaluation will be 1st April 1993 and we will be laying the necessary regulations in due course. Our decision will provide certainty for businesses and will allow adequate time for the assessment work to be carried out.