(This note is not part of the Order)
This Order makes provision for the valuation for each of the financial years 2000-01 to 2004-05 of certain lands and heritages occupied by BG Transco plc (“the prescribed class of lands and heritages”) (article 3).
The Order prescribes the aggregate amount of the rateable values of the prescribed class of lands and heritages for each of the financial years 2000-01 to 2004-05 at £59,194,405 (article 4). It also apportions the aggregate amount among local authorities in accordance with the Schedule to the Order (article 5).
The Order amends certain enactments relating to the valuation of the prescribed class of lands and heritages and revokes two previous Orders, now spent (articles 6 to 9).