# The Electricity Supply Industry (Rateable Values) (Wales) Order 2000, Article 9: Transmission Hereditaments: Recalculation Factor

Extent: E+W

In relation to each class of hereditaments listed in Part A 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-KK)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 2000.

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Source: https://www.legislation.gov.uk/wsi/2000/1163/article/9 (the official version)
Page: https://openlegislation.uk/electricity-supply-industry-rateable-values-wales-order-2000/article-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.