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SCHEDULES

SCHEDULE 2S Valuation of Water Undertakings

Modifications etc. (not altering text)

Part IIIS Determination of Rateable Value

19SNot later than [F131st December][F1such date as may be prescribed] in any calendar year, commencing with the year 1966, each water authority shall ascertain and certify to the Assessor—

(a)the capital expenditure in respect of the productive part of the undertaking in each of the rating areas . . . F2 in which the undertaking is situated; and

(b)the income for the previous year from public water rate, domestic water rate and water charges derived from each rating area in which any portion of the distributive part of the undertaking is situated.

Textual Amendments

F1Words “such” to “prescribed” substituted for words “31st December” (1.4.1976) by Local Government (Scotland) Act 1975 (c. 30), s. 39(2), Sch. 6 Pt. II para. 37(f)