Article 5 Rateable values in 1990/4

(1)

The rateable value of railway hereditaments occupied by Docklands Light Railway Limited (“Docklands hereditaments”) shall be—

(a)

in the year beginning on 1st April 1990, £227,500;

(b)

in the year beginning on 1st April 1991, £341, 250;

(c)

in the year beginning on 1st April 1992—

(i)

£455,000 during the period ending with 25th April 1992, and

(ii)

£700,000 thereafter;

(d)

in the year beginning on 1st April 1993, £700,000.