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← The Electricity Supply Industry (Rateable Values) (Wales) Order 2000

The Electricity Supply Industry (Rateable Values) (Wales) Order 2000 art 9

The Electricity Supply Industry (Rateable Values) (Wales) Order 2000 art 9

art 9 Transmission Hereditaments: Recalculation Factor

In relation to each class of hereditaments listed in Part A of the Schedule the recalculation factor in respect of a relevant year shall be the figure produced for that class by applying the formula — where — T is the amount specified in relation to that class in the Schedule; k is the estimated number of circuit kilometres of main transmission line occupied by the designated person as respects that class on 31st March in the relevant preceding year; and K is the estimated number of circuit kilometres of main transmission line occupied by that person on 31st March 2000.

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