
1 
This Order may be cited as the British Gas plc (Rateable Values) Order 1994 and shall come into force on the day after the day on which it is made.
2 
In this Order—
 “the Act” means the Local Government Finance Act 1988;
 “British Gas” means the company registered at the date of this Order with the name British Gas plc;
 “gas hereditaments” means non-domestic hereditaments occupied (or, if unoccupied, owned) by British Gas and required by virtue of regulation 6(1) of, and Part 3 of the Schedule to, the Central Rating Lists Regulations 1994 to be shown in a central rating list; and
 “English gas hereditaments” means such hereditaments so required to be shown in the central rating list for England, and “Welsh gas hereditaments” means such hereditaments so required to be shown in the central rating list for Wales;
 “relevant pipe-line” means any pipe-line occupied (or, if unoccupied, owned) by British Gas and having a design operating pressure exceeding 7 bars;
 “relevant year” means a 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;
 “the standard formula” means the formula T + U where —
(a) T in respect of English gas hereditaments is £483,887,500 and in respect of Welsh gas hereditaments is £29,373,300; and
(b) U is the recalculation factor determined under article 6 for the relevant year; and
 “year” means a chargeable financial year.
3 
Where (apart from this article) any rateable value determined under this Order would include a fraction of a pound —
(a) the fraction shall be made up to one pound if it would exceed 50p, and
(b) the fraction shall be ignored if it would be 50p or less. Revocation and savings.
4 

(1) Subject to paragraph (2), the British Gas plc (Rateable Values) Order 1989 is hereby revoked with effect from 1st April 1995.
(2) Without prejudice to section 16(1) of the Interpretation Act 1978, the British Gas plc (Rateable Values) Order 1989 shall continue to have effect on and after 1st April 1995 for the purposes of or for purposes connected with —
(a) any alteration of a list in force immediately before 1st April 1995; or
(b) any provision made by regulations made under section 58 of the 1988 Act (special provision for 1995 onwards) as to the chargeable amount as regards a hereditament for a relevant period as defined in that section.
5 
In the case of gas hereditaments, paragraph 2 to 2B of Schedule 6 to the Act shall not apply in any year beginning on or after 1st April 1995 and —
(a) in the year beginning on 1st April 1995, the rateable value of English gas hereditaments shall be £483,887,500 and the rateable value of Welsh gas hereditaments shall be £29,373,300; and
(b) in each subsequent year, the rateable value of English gas hereditaments and Welsh gas hereditaments respectively shall be the amount produced in respect of that year by applying the standard formula.
6 
The recalculation factor in relation to English gas hereditaments and Welsh gas hereditaments respectively in respect of any relevant year is the amount produced by calculating in accordance with the formula—T(y-YY)where—
 T has the value attributed by article 2;
 Y is the estimated length of relevant pipe-line in the country in question on 31st March 1995; and
 y is the estimated length of relevant pipe-line in the country in question on 31st March in the relevant preceding year.
Signed by authority of the Secretary of State for the Environment
David Curry
Minister of State,
Department of the Environment
19th December1994Signed by authority of the Secretary of State for Wales
Gwilym Jones
Parliamentary Under Secretary of State,
Welsh Office
20th December 1994