# The Electricity Generators (Rateable Values) (Scotland) Order 1991, Article 5: Rateable values


(1) For the purposes of section 6(1) of the l975 Act, the rateable value of any prescribed class of lands and heritages occupied by a Company for the financial year 1990-91 shall be an amount equal to the product of either—
(a) £4,062 per megawatt of the declared net capacity of the generating plant (where the primary source of energy used for the plant is wind, wave or tidal power), or
(b) £8,125 per megawatt of its declared net capacity (in any other case).
(2) Where (apart from this paragraph) any rateable value determined under paragraph (1) above would include a fraction of a pound—
(a) the fraction shall be made up to one pound if it would exceed 50p, and
(b) the fraction shall be ignored if it would be 50p or less.

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Source: https://www.legislation.gov.uk/uksi/1991/646/article/5 (the official version)
Page: https://openlegislation.uk/electricity-generators-rateable-values-scotland-order-1991/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.