Under paragraph 3(2) of Schedule 6 to the Local Government Finance Act 1988, the Secretary of State may by order provide in the case of non-domestic hereditaments to be shown in central rating lists that the normal rules of valuation for rating contained in paragraphs 2 to 2C of that Schedule are not to apply to such hereditaments (that is to say, by reference to the rent a hypothetical tenant would pay for the hereditament on an annual basis) and instead their rateable values shall be such as are specified in the order or determined in accordance with prescribed rules. Water supply hereditaments in England occupied (or, if unoccupied, owned) by water undertakers named in part 6 of the Schedule to the Central Rating Lists (England) Regulations 2000 are required by those Regulations to be shown in the central rating list for England. This Order disapplies paragraphs 2 to 2C in respect of such hereditaments, prescribes values for those hereditaments and prescribes rules according to which their rateable values are to be determined for the period for which the central rating list compiled on 1st April 2000 has effect.
Соединенное Королевство Великобритании и Северной Ирландии · 2000-03-30