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The British Gas plc (Rateable Values) (Amendment) Order 1997

S.I. 1997/961 · Made 17 March 1997

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

RATING AND VALUATION

Made 17th March 1997

Coming into force 1st April 1997

The Secretary of State for the Environment, as respects England, and the Secretary of State for Wales, as respects Wales, in exercise of the powers conferred on them by sections 140 and 143(1) of and paragraph 3(2) of Schedule 6 to the Local Government Finance Act 1988f1, and of all other powers enabling them in that behalf, hereby make the following Order, a draft of which has been laid before and approved by resolution of each House of Parliament:

Annotations to the whole text

Footnotes

f1

1988 c. 41. Section 143 is amended by paragraph 72 of Schedule 5 to the Local Government and Housing Act 1989 (c. 42). Paragraph 3(2) of Schedule 6 is amended by paragraph 38(13) of Schedule 5 to the 1989 Act. See section 146(6) of the 1988 Act for the definition of ‘prescribed’.

Contents

  1. 1Citation and commencement
  2. 2Amendment of standard formula
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the British Gas plc (Rateable Values) (Amendment) Order 1997 and shall come into force on 1st April 1997.

2Amendment of standard formula

In article 2 (interpretation) of the British Gas plc (Rateable Values) Order 1994f1, in the definition of “the standard formula”, for paragraph (a) there is substituted—

“(a)

T in respect of English gas hereditaments is £385,689,700 and in respect of Welsh gas hereditaments is £26,472,700;”.

Signature

Signed by authority of the Secretary of State

David Curry

Minister of State,

Department of the Environment

17th March 1997

Signed by authority of the Secretary of State

Gwilym Jones

Parliamentary Under Secretary of State, Welsh Office

17th March 1997

Explanatory note

(This note is not part of the Order)

Gas hereditaments occupied (or, if unoccupied, owned) by British Gas plc (“British Gas”) are required to be shown in the central rating lists compiled on 1st April 1995 by virtue of the Central Rating Lists Regulations 1994 (S.I. 1994/3121). The rateable value of those hereditaments is determined in accordance with the British Gas plc (Rateable Values) Order 1994. Different rateable values apply for hereditaments in England and for hereditaments in Wales, and the amount is adjusted from year to year by reference to changes in the length of certain pipe-lines.

By virtue of this Order, with effect from 1st April 1997 the amount of rateable value of gas hereditaments occupied or owned by British Gas by reference to which the adjustment formula is applied is reduced, the formula for adjustment remaining otherwise unchanged.