# The Electricity Supply Industry (Rateable Values) Order 1994, Article 10: Electricity transmission hereditaments—recalculation factor


In relation to each class of English hereditaments listed in paragraph B of Part I and each class of Welsh hereditaments listed in paragraph B of Part II of the Schedule, the recalculation factor in respect of a relevant year shall be the figure produced for that class by applying the formula—
T(k-K)K where—
T is the amount specified in relation to that class in the Schedule;
k is the estimated number of circuit kilometres of main transmission line occupied by the designated person as respects that class 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 1995.

---
Source: https://www.legislation.gov.uk/uksi/1994/3282/article/10 (the official version)
Page: https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1994/article-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.