Article 3 Amendments to the 1994 Water Order
(1)
In article 5(b), after “article 10” insert “or 11”.
(2)
After article 10 add—
“Rateable value for Bournemouth and West Hampshire Water plc
11(1)In relation to the class of hereditaments occupied by Bournemouth and West Hampshire Water plc these Regulations apply as if—
(a)for the definition of “the standard formula”, there were substituted—
““the standard formula” means the formula
where—
a- b
P is £3,299,900, and
U is the recalculation factor applicable to the class of hereditaments occupied by Bournemouth and West Hampshire Water plc; and”, and
(b)in the formula in article 7(2) for “T”, there were substituted “P” and at the end of the paragraph there were added “where P is £3,299,900”.”.