# The Docks and Harbours (Rateable Values) (Scotland) Amendment Order 1988, Note: Explanatory note


(This note is not part of the Order)
The rateable values of lands and heritages occupied by statutory dock and harbour under-takings are, by virtue of the Docks and Harbours (Rateable Values) (Scotland) Order 1985, calculated by a formula applied to the undertaking’s relevant income in the year preceding the year in respect of which the rateable values are being determined. That income is adjusted by reference to the retail prices index for September 1984 (in order to counteract the effect of inflation).
The retail prices index was re-referenced to January 1987, and one unintended effect of this-because of the wording of the formula in the 1985 Order-would be significantly to increase dock and harbour undertakings' rateable values for 1988-89 and 1989-90. In respect of those years this Amendment Order, therefore, amends the 1985 Order to take account of the re-referenced index and so maintain the intended effect of the 1985 Order.
By virtue of section 6(6) of the Local Government (Scotland) Act 1975, which confers a limited power to make retrospective provision, the Order makes provision for the whole of the year 1988-89, notwithstanding that it comes into force after 1st April 1988.
For the avoidance of any doubt, the Amendment Order also clarifies what index is to be used.

---
Source: https://www.legislation.gov.uk/uksi/1988/1220/note (the official version)
Page: https://openlegislation.uk/docks-and-harbours-rateable-values-scotland-amendment-order-1988/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.