Explanatory note

This Order makes provision for the valuation for the financial year 1994-95 of certain lands and heritages occupied by the British Railways Board or Railtrack PLC (article 3) (“the prescribed class of lands and heritages”).

The Order prescribes the aggregate amount of the rateable values of the prescribed class of lands and heritages for that financial year at £13,221,999 and apportions that amount as between lands and heritages occupied by the British Railways Board and those occupied by Railtrack PLC (article 5). It also apportions that aggregate amount among local authorities in accordance with the Schedules to the Order (article 6).

The Order provides that the non-domestic water rate shall not be leviable in respect of the prescribed class of lands and heritages for that financial year (article 4).

The Order amends certain enactments relating to the valuation of the prescribed class of lands and heritages and revokes the Order for financial year 1993-94 concerning the British Railways Board (articles 7 to 10).

In pursuance of the power in section 6(6) of the Local Government (Scotland) Act 1975, as amended, the Order has effect from 1st April 1994.