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SCHEDULES.

SCHEDULE 2Valuation of Water Undertakings.

PART IVMiscellaneous

Transitional Provisions

24The Secretary of State may, as respects any year from 1967-68 to 1971-72, by order provide for the modification of the cumulo rateable values pertaining to all or any water undertakings.

Orders

25Before making an order under this Schedule the Secretary of State shall consult with such associations of local authorities or other bodies or associations as appear to him to be concerned.

26Any statutory instrument containing an order made under paragraph 2 or 3 of this Schedule shall not have effect unless approved by a resolution of the Commons House of Parliament, and any statutory instrument containing an order made under any other provision of this Schedule shall be subject to annulment in pursuance of a resolution of either House of Parliament.

Interpretation

27For the purposes of this Schedule—

references to the supply of water in bulk are references to a supply taken by a local water authority for augmenting or constituting the supply to be given by them.