SCHEDULES

SCHEDULE 2S Valuation of Water Undertakings

Part IS Determination of Cumulo Rateable Value

3SHaving regard to the changes in the rateable values of other lands and heritages, the Secretary of State shall keep the norm under review and may, in the year 1971-72 and each year of revaluation thereafter, by order make such adjustments in the provisions for determining the norm as appear to him to be appropriate.

Any such order shall commence to have effect in the year in which it is made.