Notice of the making of this Statutory Instrument was published in

"Iris Oifigiúil" of 10th November, 2015.

I, BRENDAN HOWLIN, Minister for Public Expenditure and Reform, in exercise of the powers conferred on me by sections 53 (8) and 58 of the Valuation Act 2001 (No. 13 of 2001) and the Finance (Transfer of Departmental Administration and Ministerial Functions) Order 2011 ( S.I. No. 418 of 2011 ) and after consultation with the Minister for the Environment, Community and Local Government (as adapted by the Environment, Heritage and Local Government (Alteration of Name of Department and Title of Minister) Order 2011 ( S.I. No. 193 of 2011 )), hereby order as follows:

1. (1) This Order may be cited as the Valuation Act 2001 (Global Valuation) (Apportionment) (Iarnród Éireann) Order 2015.

(2) In this Order "Act" means the Valuation Act 2001 (No. 13 of 2001).

2. (1) The Commissioner of Valuation shall apportion the global valuation of Iarnród Éireann determined pursuant to section 53(6)(a) of the Act.

(2) The apportionment referred to in paragraph (1) shall be between the rating authorities for which a valuation list has been published under section 23 of the Act and the rating authorities for which an existing valuation list remains in force (including dissolved authorities which ceased to exist as rating authorities for the areas concerned as a consequence of the 2014 Establishment Day Order or Transfer Date Order made under the Local Government Reform Act 2014 (No. 1 of 2014)).

(3) The apportionment referred to in paragraphs (1) and (2) shall be as follows-

(a) The sum of €60,000 of the global valuation shall be apportioned to Limerick City and County Council,

(b) The sum of €30,000 of the global valuation shall be apportioned to each rating authority referred to in paragraph (2) in whose areas the property comprised in the global valuation is situate, other than Limerick City and County Council, and

(c) The remainder of the sum of the global valuation shall be apportioned among the rating authorities referred to in paragraph (2) in whose areas the property comprised in the global valuation is situate. This shall be in the proportion, expressed as a percentage, of the number of passengers boarding Iarnród Éireann passenger services in the area of each rating authority to the total number of passengers boarding Iarnród Éireann passenger services in all rating authority areas (the number of passengers being ascertained from the Údarás Náisiúnta Iompair / National Transport Authority Heavy Rail Census 2013).

3. The global valuation apportioned to a rating authority referred to in Article 2(3), in respect of which an existing valuation list remains in force, shall be multiplied by a factor of 0.002343 to establish the adjusted global valuation for that rating authority area to be specified in the central valuation list.

4. (1) The apportioned and adjusted global valuation for each rating authority determined in accordance with this Order shall, subject to paragraph (2), be rounded to the nearest whole euro.

(2) Where the apportioned and adjusted global valuation referred to in paragraph (1) results in the amount concerned being an amount in euro and 50 cent that amount shall be rounded upwards to the nearest whole euro.

GIVEN under my Official Seal,

4 November 2015.

BRENDAN HOWLIN,

Minister for Public Expenditure and Reform.