Finance (Local Property Tax) Act 2012 section 3

Meaning of relevant residential property

Section 3 defines what constitutes a "relevant residential property" for the purposes of the Local Property Tax.

• A building located in the State that qualifies as a residential property on a liability date is a "relevant residential property" for LPT purposes.
• Being classified as a relevant residential property means the property is liable to Local Property Tax on that date.
• The classification is subject to a number of exemptions set out in sections 3A to 10B of the Act.
• The determination is made on each liability date, so a property's status may change from one liability date to the next.