Article 3 Electricity supply industry

(1)

The Schedule to the Electricity Supply Industry (Rateable Values) Order 1989 ^f1shall be amended as provided in the Schedule to this Order.

(2)

Article 13 of that Order shall be amended as follows:

(a)

in paragraph (1), after “the Schedule” there shall be inserted “except those mentioned in paragraph (1A)”; and

(b)

there shall be inserted after paragraph (1) —

“(1A)

In relation to electricity hereditaments —

(i)

in England and

(ii)

in Wales

occupied by Nuclear Electric plc, the recalculation factor in respect of any relevant year shall be the figure produced by calculating in relation to each class of hereditaments in accordance with the formula —

£18,100 (D − d)

where D and d have the meanings attributed by paragraph (1).”.

Annotations

Footnotes

f1: S.I. 1989/2475