Explanatory note

This Order makes provision for the valuation for the financial year 1992-93 of certain lands and heritages occupied by Scottish Power 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 £66,746,774 (article 5). It also apportions that aggregate amount among local authorities in accordance with the Schedule 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 Orders for financial years 1990-91 and 1991-92 concerning Scottish Power plc. (articles 7 to 10).

By virtue of section 6(6) of the Local Government (Scotland) Act 1975, as amended, the Order has effect from 1st April 1992.