SCHEDULES

C1SCHEDULE 2 Valuation of Water Undertakings

Annotations:
Modifications etc. (not altering text)

Part I Determination of Cumulo Rateable Value

6

The fraction prescribed by order made under paragraph 5(e) above may, for the purpose of the application of that sub-paragraph to a particular water undertaking, be varied by the Assessor within such limits as may be specified in the order, if in the opinion of the Assessor exceptional circumstances exist in relation to that undertaking.