Article 6 Apportionment of aggregate amount of rateable values among Companies

(1)

The aggregate amount referred to in article 5(a) above is hereby apportioned as—

(a)

£38,982,538 in respect of lands and heritages occupied by Scottish Power plc;

(b)

£23,417,498 in respect of lands and heritages occupied by Scottish Hydro-Electric plc; and

(c)

£36,300,000 in respect of lands and heritages occupied by Scottish Nuclear Limited.

(2)

That part of the aggregate amount of the rateable values of the prescribed class of lands and heritages to be apportioned for each of the four financial years following the financial year 1995-96 in respect of the lands and heritages occupied by each Company shall be calculated in accordance with the formula—

A \times \frac{B}{C}

where—

A is the apportioned amount for that Company for the financial year immediately prior to the year for which the calculation is being carried out;
B is the total declared net capacity of generating plant in or on lands and heritages within the prescribed class occupied by that Company on the day falling 1 year before the beginning of the financial year for which the calculation is being carried out; and
C is the total declared net capacity of generating plant in or on such lands and heritages so occupied on the day falling 2 years before the beginning of that year.