{
  "url": "https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1989/article-5",
  "json_url": "https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1989/article-5.json",
  "legislation": "uksi/1989/2475",
  "legislation_title": "The Electricity Supply Industry (Rateable Values) Order 1989",
  "legislation_url": "https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1989",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": "Interpretation",
  "text": "In this Part—\n(a) in any formula—\nB is the figure applicable in relation to the relevant year for the purposes of paragraph 5(3) of Schedule 7 to the Act;\nC is the figure applicable in relation to the relevant year for the purposes of paragraph 5(4) of Schedule 7 to the Act;\nI is the figure for the retail prices index for September in the relevant preceding year;\nand in relation to any class of hereditaments—\nR is the recalculation factor applicable to that class determined under Part IV in respect of the relevant preceding year;\nRV is the rateable value of that class in the relevant preceding year; and\n(b) T is the amount specified in relation to a class of hereditaments in column 1 of the Schedule;\nU is the recalculation factor applicable to that class determined in accordance with Part IV in respect of the relevant year; and\n“the standard formula” means the formula T + U.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/2475/article/5",
    "retrieved_at": "2026-10-29T15:30:08.962038+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."
}