Revision is the means through which the valuation of a particular property may be assessed between Revaluations of the entire rating authority area in which that property is located. The legislation governing revision of valuations is set out in the Valuation Act 2001, as amended by the Valuation (Amendment) Act 2015
An occupier of a property, an interest holder in that property, or the Local Authority in whose rating authority area the particular property is located may make an application to the Commissioner of Valuation to have the valuation of a property revised. An application for Revision may result in a valuation increasing, decreasing or remaining the same. There are very specific grounds to be met, set out in legislation, before a valuation may be revised.
All applications for a revision of valuation must be made on the specified form and accompanied by a fee of €250.