# The Electricity Supply Industry (Rateable Values) Order 1994, Article 2: Interpretation


(1) In this Order—
“the Act” means the Local Government Finance Act 1988;
“declared net capacity”, in relation to generating plant, means the highest generation of electricity (at the main alternator terminals) which can be maintained indefinitely without causing damage to the plant, less so much of that capacity as is consumed by the plant, expressed in megawatts to the nearest one hundredth part of a megawatt;
“generating plant”, in relation to a hereditament, means plant in or on the hereditament which is used or available for use for the purposes of generating electricity; and
“year” means a chargeable financial year.

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Source: https://www.legislation.gov.uk/uksi/1994/3282/article/2 (the official version)
Page: https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1994/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.