Article 2

article 17 shall be deleted;

after Part V there shall be added the following Part—

“Part VI

BRITISH RAILWAYS BOARD AND RAILTRACK PLC: RATEABLE VALUES IN 1994/95.

19

(1)

In the year beginning on 1st April 1994—

(a)

the rateable values of the English railway hereditament and the Welsh railway hereditament occupied by the British Railways Board shall be £10,085,710 and £386,100, respectively; and

(b)

the rateable values of the English railway hereditament and the Welsh railway hereditament occupied by Railtrack PLC shall be £191,628,497 and £7,335,900, respectively.

(2)

In this Part, “English railway hereditament” means a hereditament described in regulation 2 of the Non-Domestic Rating (Railways) and Central Rating Lists (Amendment) Regulations 1994^f2 and required by virtue of Part 4 of the Schedule to the Central Rating Lists Regulations 1989^f3 to be shown in the central non-domestic rating list for England and “Welsh railway hereditament” means a hereditament so described and so required to be shown in the central non-domestic rating list for Wales.”; and

the amounts specified in columns 1 and 2 of the Schedule in respect of the British Railways Board shall be deleted.