Paragraph 9 Electricity generation hereditaments
This paragraph applies in relation to a hereditament to which this Part applies–
which forms part of a class of hereditaments which is listed in Part IA (electricity generation) of the Schedule to the Electricity Supply Industry (Rateable Values) Order 1994 (“the 1994 Order”)f1, and
on 1st April 2000 paragraphs 2 to 2C of Schedule 6 do not apply for the purposes of determining their rateable value.
For the purposes of Part II of these Regulations a hereditament to which this paragraph applies which on 31st March 2000 is occupied or, if not occupied, owned by a person named in column 1 of the Table shall be treated as if for that day there had been shown for it in the local list a rateable value calculated in accordance with the formula (S × DNC), where
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S is the amount in pounds specified in relation to that person in column 2 of the Table,
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DNC is the declared net capacity of the generating plant on the hereditament, and “declared net capacity” has the same meaning as in the 1994 Order.
TABLE
Occupier or owner Specified amount Magnox Electric plc £13,602 National Power plc £12,027 Nuclear Electric Limited £15,770 Powergen plc £11,298