PRESS RELEASE
IRRV Statement from the President
You will already be aware that the United Kingdom (UK) has elected to leave
the European Union (EU). It’s an historic decision for the UK and Europe. After
43 years, the British public has decided to sever ties. Whichever way you look
at it, it’s a shock outcome that will profoundly alter the political, economic, and
financial landscape for the UK and the EU. This move will undoubtedly have
significant consequences for public services.
As the main professional body for valuation, benefits, local revenues and property
taxes, the Institute is ready to offer what help it can to assist central and sub
national government through this difficult time. The immediate aftermath of the
vote will likely see unpredictable shifts in the economy, which will impact on the
delivery of local services. Although these initial shockwaves will be limited, the
long-term outlook remains uncertain.
Although an unprecedented situation, provisions do exist in treaties to allow for
a stable transition. It is the Prime Ministers wish that the transition is controlled
and spread over a two-year period. The IRRV will make itself available to support
the Government to ensure the interests of our professional community are
properly represented. We will ensure the membership is kept informed and made
aware of the implications of the decision making process. The Institute also
recognises the special situations that prevail in Scotland, Wales and Northern
Ireland and we will endeavour to work with the devolved administrations to assist
them in their unique challenges.
We know this will be a matter of the highest concern for all those who are
responsible for delivery of vital professional services that support both the public
and private sectors. Please be assured that the IRRV is geared up to support the
professions through the transition period as it will be ready to play a pivotal role
in getting arrangements right for the future.
There are many issues that will affect the day-to-day roles of the membership.
There are, for example, 80,000 pages of EU law. Whilst the EU Directives would
no longer be binding, we will have implemented them in UK laws. Those laws will
stand until we change them.
Much local government regulation currently applicable in the UK derives from
EU legislation. These regulations will remain applicable until any changes are
made, which will be a matter for Parliament. Local Government must continue to
abide by their obligations under UK law, including those derived from EU law, and
continue with implementation plans for legislation that is still to come into effect.
Consumers’ rights and protections, including any derived from EU legislation,
are unaffected by the result of the referendum and will remain unchanged unless,
and until, Government changes the applicable local government legislation.
The longer term impacts of the decision to leave the EU on the overall delivery
of public services for the UK will depend, in part, on the relationship that the UK
seeks with the EU in the future and you can be certain that the Institute will be at
the forefront of any issues that impact on our membership and stakeholders.
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