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SCHEDULES

SCHEDULE 2S Valuation of Water Undertakings

Modifications etc. (not altering text)

Part IIIS Determination of Rateable Value

20SThe cumulo rateable value of each water undertaking, as ascertained under the foregoing provisions of this Schedule, shall then be apportioned between the productive and distributive parts of the undertaking in such proportion as the Secretary of State may, in such manner as he thinks fit, by order determine.