SCHEDULES

C2SCHEDULE 2 Valuation of Water Undertakings

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C1Part II Determination of Cumulo Rateable Value in Respect of Amalgamated Undertakings and of New Undertakings

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14

For the purposes of paragraphs 10, 11 and 13 above paragraph 5 above shall apply as if for the reference to the year 1967-68 there were substituted a reference to the valuation year and for the references to the year 1965-66 there were substituted references to the base year.