{
  "url": "https://openlegislation.uk/valuation-for-rating-plant-and-machinery-regulations-1994/regulation-2",
  "json_url": "https://openlegislation.uk/valuation-for-rating-plant-and-machinery-regulations-1994/regulation-2.json",
  "legislation": "uksi/1994/2680",
  "legislation_title": "The Valuation for Rating (Plant and Machinery) Regulations 1994",
  "legislation_url": "https://openlegislation.uk/valuation-for-rating-plant-and-machinery-regulations-1994",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": null,
  "text": "For the purpose of determining the rateable value of a hereditament for any day on or after 1st April 1995, in applying the provisions of sub-paragraphs (1) to (7) of paragraph 2 of Schedule 6 to the Local Government Finance Act 1988–\n(a) in relation to a hereditament in or on which there is plant or machinery which belongs to any of the classes set out in the Schedule to these Regulations, the prescribed assumptions are that:\n(i) any such plant or machinery is part of the hereditament; and\n(ii) the value of any other plant and machinery has no effect on the rent to be estimated as required by paragraph 2(1); and\n(b) in relation to any other hereditament, the prescribed assumption is that the value of any plant or machinery has no effect on the rent to be so estimated.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/2680/regulation/2",
    "retrieved_at": "2026-10-29T13:24:33.465671+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."
}