{
  "url": "https://openlegislation.uk/electricity-generators-rateable-values-scotland-order-1992/article-5",
  "json_url": "https://openlegislation.uk/electricity-generators-rateable-values-scotland-order-1992/article-5.json",
  "legislation": "uksi/1992/1790",
  "legislation_title": "The Electricity Generators (Rateable Values) (Scotland) Order 1992",
  "legislation_url": "https://openlegislation.uk/electricity-generators-rateable-values-scotland-order-1992",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": "Rateable values for financial year 1992-93",
  "text": "(1) For the purposes of section 6(1) of the 1975 Act, the rateable value of any prescribed class of lands and heritages occupied by a Company for the financial year 1992-93 shall be an amount equal to the product of either—\n(a) £4,688 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\n(b) £9,375 per megawatt of its declared net capacity (in any other case).\n(2) Where (apart from this paragraph) any rateable value determined under paragraph (1) above would include a fraction of a pound—\n(a) the fraction shall be made up to one pound if it would exceed 50p; and\n(b) the fraction shall be ignored if it would be 50p or less.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/1790/article/5",
    "retrieved_at": "2026-10-29T14:18:38.731286+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}