# The Electricity Supply Industry (Rateable Values) Order 1994, Article 7: Interpretation


(1) In this Part—
“Central Lists Regulations” means the Central Rating Lists Regulations 1994;
“class of English hereditaments” means those hereditaments falling to be shown in the central rating list for England by virtue of regulation 6(1) of and Part 2 of the Schedule to the Central Lists Regulations and occupied by the designated person as respects those hereditaments;
“class of Welsh hereditaments” means those hereditaments falling to be shown in the central rating list for Wales by virtue of regulation 6(2) of and Part 2 of the Schedule to the Central Lists Regulations and occupied by the designated person as respects those hereditaments;
“designated person” means a person designated by regulation 5(1) of and named in Part 2 of the Schedule to the Central Lists Regulations;
“recalculation factor” in relation to a class of English hereditaments or a class of Welsh hereditaments means the factor determined in relation to that class in accordance with article 9, 10 or 11, as the case may be;
“relevant year” means any year for which a rateable value falls to be determined in accordance with this Order and “relevant preceding year” means the year preceding a relevant year; and
“standard formula” in relation to a class of English hereditaments or a class of Welsh hereditaments means the formula T + U where—
(a) T is the amount specified in the Schedule to this Order in relation to that class; and
(b) U is the recalculation factor applicable to that class in respect of the relevant year.
(2) Any reference in this Part to hereditaments occupied by a person includes a reference, in the case of unoccupied hereditaments, to hereditaments owned by that person, references to occupation being construed accordingly.
(3) Any reference in this Part or in the Schedule to a designated person by name is to the company bearing that name at the date that name is entered in the central rating list for England or the central rating list for Wales, as the case may be.

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Source: https://www.legislation.gov.uk/uksi/1994/3282/article/7 (the official version)
Page: https://openlegislation.uk/electricity-supply-industry-rateable-values-order-1994/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.