# The Electricity Supply Industry (Rateable Values) Order 1989, Article 14: Electricity transmission hereditaments


In relation to each class of hereditament mentioned in division B of Part I or division B of Part II of the Schedule, the recalculation factor in respect of any relevant year shall be the figure produced for each class by calculating in accordance with the formula—
Tk-KK where
T is the amount specified in relation to that class in column 1 of the Schedule;
k is the estimated number of circuit kilometres of main transmission line occupied by the relevant designated person on 31st March in the relevant preceding year; and
K is the estimated number of circuit kilometres of main transmission line occupied by that person on 31st March 1990.

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Source: https://www.legislation.gov.uk/uksi/1989/2475/article/14 (the official version)
Page: https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1989/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.