# The British Gas plc (Rateable Values) Order 1989, Article 9: Rateable value in 1992/3 and subsequent intermediate years


Where—
(a) in respect of the year beginning on 1st April 1991 the rateable value of Welsh gas hereditaments has been determined in accordance with article 8(1), and
(b) in respect of a subsequent intermediate year a calculation in respect of those hereditaments according to formula 2, that is to say—
(RV-R)*1.2*(1+I-B/U)+U produces an amount less than that produced by a calculation in accordance with the standard formula,
the rateable value of those hereditaments in that year shall be the amount calculated in accordance with formula 2; and in any other case it shall be the amount calculated in accordance with the standard formula.

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Source: https://www.legislation.gov.uk/uksi/1989/2471/article/9 (the official version)
Page: https://openlegislation.uk/british-gas-plc-rateable-values-order-1989/article-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.