{
  "url": "https://openlegislation.uk/railways-rateable-values-order-1994/article-2",
  "json_url": "https://openlegislation.uk/railways-rateable-values-order-1994/article-2.json",
  "legislation": "uksi/1994/3284",
  "legislation_title": "The Railways (Rateable Values) Order 1994",
  "legislation_url": "https://openlegislation.uk/railways-rateable-values-order-1994",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In this Order—\n“the Act” means the Local Government Finance Act 1988;\n“English railway hereditament” means a hereditament described in regulation 3(2) or (3) of the Non-Domestic Rating (Railways, Telecommunications and Canals) Regulations 1994 and required by virtue of regulation 6(1) of and Part 4 of the Schedule to the Central Rating Lists Regulations 1994 to be shown in the central rating list for England;\n“London Underground hereditaments” means the hereditaments occupied (or, if unoccupied, owned) by London Underground Limited and required by virtue of regulation 6(1) of and Part 4 of the Schedule to the Central Rating Lists Regulations 1994 to be shown in the central rating list for England;\n“recalculation factor” means in relation to an English railway hereditament, a Welsh railway hereditament and the London Underground hereditaments the factor determined in relation to that hereditament or those hereditaments in accordance with article 7 or 8, as the case may be;\n“relevant year” means any year for which a rateable value falls to be determined in accordance with this Order, and “relevant preceding year” means the year preceding a relevant year;\n“the standard formula” means the formula\nT+U where—\na T is the rateable value specified in regulation 5 for the year beginning on 1st April 1995 in respect of an English railway hereditament, a Welsh railway hereditament or the London Underground hereditaments, as the case may be; and\nb U is the recalculation factor applicable to that hereditament or those hereditaments in respect of the relevant year;\n“Welsh railway hereditament” means a hereditament described in regulation 3(2) or (3) of the Non-Domestic Rating (Railways, Telecommunications and Canals) Regulations 1994 and required by virtue of regulation 6(2) of and Part 4 of the Schedule to the Central Rating Lists Regulations 1994 to be shown in the central rating list for Wales; and\n“year” means a chargeable financial year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1994/3123."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 1994/3121."
    }
  ],
  "outstanding_effects": [
    {
      "type": "revoked",
      "affecting": "uksi/1999/1003",
      "affecting_title": "The Railways (Rateable Values) (Amendment) Order 1999"
    },
    {
      "type": "substituted",
      "affecting": "uksi/1999/1003",
      "affecting_title": "The Railways (Rateable Values) (Amendment) Order 1999"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/3284/article/2",
    "retrieved_at": "2026-10-29T13:19:34.302281+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."
}