Explanatory note

This Order amends the Water Undertakers (Rateable Values) Order 1989 which provides for the determination of the rateable value of water supply hereditaments occupied (or, if unoccupied, owned) by water undertakers and shown in a central rating list.

The amendments referred to in articles 3 and 4(a) are drafting amendments. The effect of the amendments is to secure that the definition of “the standard formula” applies throughout the Order.

The amendments referred to in articles 4(b), 5 and 6 make special provision for the determination of the rateable value of water supply hereditaments in consequence of the transfer of property from one water undertaker to another. Such transfers occur on the coming into force of schemes under Schedule 2 to the Water Industry Act 1991 and are associated with variations in the appointments of persons as water undertakers under that Act.