{
  "url": "https://openlegislation.uk/telecommunications-industry-rateable-values-order-1989/article-2",
  "json_url": "https://openlegislation.uk/telecommunications-industry-rateable-values-order-1989/article-2.json",
  "legislation": "uksi/1989/2478",
  "legislation_title": "The Telecommunications Industry (Rateable Values) Order 1989",
  "legislation_url": "https://openlegislation.uk/telecommunications-industry-rateable-values-order-1989",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In this Order—\n“the Act” means the Local Government Finance Act 1988;\n“British Telecom” means the company registered at the date of this Order by the name of British Telecommunications plc;\n“Mercury” means the company registered at the date of this Order by the name of Mercury Communications Limited;\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 T + U, where—\nT, in relation to English telecommunications hereditaments occupied by British Telecom is £249,400,000 and in relation to Welsh telecommunications hereditaments so occupied is £13,190,000, and\nU is the recalculation factor determined in respect of each class of hereditaments under Part V;\n“telecommunications hereditaments” means non-domestic hereditaments required by virtue of Part 5 of the Schedule to the Central Rating Lists Regulations 1989 to be shown in a central rating list; and “English telecommunications hereditaments” means such hereditaments so required to be shown in the central rating list for England, and “Welsh telecommunications hereditaments” means such hereditaments so required to be shown in the central rating list for Wales;\n“year” means a chargeable financial year; and\nany reference to hereditaments occupied by a person includes a reference to hereditaments which, if unoccupied, are owned by that person.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1989/2263"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/2478/article/2",
    "retrieved_at": "2026-10-29T15:30:06.658969+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."
}