{
  "url": "https://openlegislation.uk/railways-rateable-value-order-northern-ireland-1997/article-6",
  "json_url": "https://openlegislation.uk/railways-rateable-value-order-northern-ireland-1997/article-6.json",
  "legislation": "nisr/1997/106",
  "legislation_title": "The Railways (Rateable Value) Order (Northern Ireland) 1997",
  "legislation_url": "https://openlegislation.uk/railways-rateable-value-order-northern-ireland-1997",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Redetermination of net annual value",
  "text": "For the year ending 31st March 1999 and each subsequent year, the net annual value of a hereditament consisting of the properties to which Part IV applies shall be calculated in accordance with the formula:—\nA×O488.66 where—\nA is the net annual value of the hereditament for the year immediately preceding the year in question; and\nO is the total length of railway track measured in kilometres, for the year in question, occupied by the Company and used primarily for the conveyance of railway traffic.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1997/106/article/6",
    "retrieved_at": "2026-10-29T02:30:14.296310+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}