SCHEDULES.

SCHEDULE 2 Valuation of Water Undertakings.

PART II Determination of Cumulo Rateable Value in Respect of Amalgamated Undertakings and of New Undertakings

14 For the purposes of paragraphs 10, 11 and 13 above paragraph 5 above shall apply as if for the reference to the year 1967-68 there were substituted a reference to the valuation year and for the references to the year 1965-66 there were substituted references to the base year.