# The Gas Act 1995 (Rateable Values) (Modification) Order 1997, Article 2: Modifications of rateable value


(1) The British Gas plc (Rateable Values) Order 1994 is modified as follows.
(2) With effect from 1st April 1996, in article 2 (interpretation), in the definition of “the standard formula”, for paragraph (a) there is substituted—
“(a) T in respect of English gas hereditaments is £478,731,900 and in respect of Welsh gas hereditaments is £28,676,000;”.
(3) With effect from 1st March 1996, article 5 (rateable values) has effect as if in paragraph (a) for “£483,887,500” there were substituted “£478,731,900” and for “£29,373,300” there were substituted “£28,676,000”.

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Source: https://www.legislation.gov.uk/uksi/1997/224/article/2 (the official version)
Page: https://openlegislation.uk/gas-act-1995-rateable-values-modification-order-1997/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.