# The Railways (Rateable Values) (Amendment) Order 1999, Article 4: Consequential provision


(1) Article 2(1) (interpretation) is amended as follows–
(a) the definition of “recalculation factor” is omitted;
(b) for the definition of “the standard formula” there is substituted–
““the standard formula” means the formula T + U, where–
(a) T is the rateable value specified in article 5(1), and
(b) U is the recalculation factor determined under article 8 in respect of the relevant year.”
(2) In article 6 (recalculation factor: interpretation)–
(a) in paragraph (1)–
(i) for “articles 7 and 8” there is substituted “article 8”,
(ii) sub-paragraph (a) is omitted;
(iii) in sub-paragraph (b), for “the relevant designated person” there is substituted “London Underground Limited”;
(b) paragraph (2) is omitted;
(c) in paragraph (3), for “a designated person” there is substituted “London Underground Limited”, and the words “in relation to that person” are omitted.
(3) Article 7 (recalculation factor for Railtrack PLC and the British Railways Board) is omitted.

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Source: https://www.legislation.gov.uk/ukdsi/1999/0110820517/article/4 (the official version)
Page: https://openlegislation.uk/draft-railways-rateable-values-amendment-order-1999/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.