The Rates (Exemption for Automatic Telling Machines in Rural Areas) Order (Northern Ireland) 2024

Part of Executive Committee Business – in the Northern Ireland Assembly at 3:45 pm on 14 May 2024.

Alert me about debates like this

Photo of Eóin Tennyson Eóin Tennyson Alliance 3:45, 14 May 2024

Again, I rise to very briefly put on record the Alliance Party's support for the proposed rule, which will reinstate the micro policy of applying a rates exemption to ATMs in designated rural areas. Like the previous order that we debated, this is an example of a policy that lapsed in the absence of an Assembly, and, as someone who does not really use cash very often, I have to say that I was surprised at the extent to which I was lobbied on the issue when the Assembly was down.

I welcome, however, that we are now in a position to reinstate the policy in this annual technical vote. Having been a feature of our rating system since 2007, and having been consulted on twice since then, the exemption has a negligible impact on cost and administration, given that Land and Property Services is able to automatically apply it. However, the exemption has a hugely significant impact on our rural communities. There is, as others said, an important equality consideration in access to cash for not only our rural communities but those older people who are not necessarily digital natives.

However, figures suggest that, even with the policy in place, there continues to be a decline in the availability of rural ATMs and bank branches on our high streets. The very recent announcement that a Halifax branch in Portadown in my constituency will not reopen following a fire earlier this year is another example of that. We all have examples of loss of services in our constituencies. Whilst I appreciate that powers in this space are limited because, as others said, financial services and banking is largely a reserved issue, I encourage the Minister to continue to advocate as best she can at a UK level. That is because it appears that our policy approach in this area sometimes appears to be a carrot approach from the Assembly without there necessarily being a stick at UK level through regulation to work with industry in order to ensure the accessibility of cash and other banking services on our high streets.

I thank the Minister for tabling the motion, and I am happy to support the order.