The Railways (Rateable Values) (Amendment) Order 1994

Made: 30th March 1994

Coming into force: 1st April 1994

The Secretary of State for the Environment, as respects England, and the Secretary of State for Wales, as respects Wales, in exercise of the powers conferred on them by sections 140(4) and 143(1) of, and paragraph 3(2) of Schedule 6 to, the Local Government Finance Act 1988[^f00001], and of all other powers enabling them in that behalf, hereby make the following Order, a draft of which has been laid before, and approved by resolution of, each House of Parliament:

1

This Order may be cited as the Railways (Rateable Values) (Amendment) Order 1994 and shall come into force on 1st April 1994.

2

The Railways (Rateable Values) Order 1989[^f00002] shall have effect in relation to the financial year beginning on 1st April 1994 with the following amendments—

• (a) article 17 shall be deleted;

• (b) after Part V there shall be added the following Part—

(19) (1) In the year beginning on 1st April 1994— (a) the rateable values of the English railway hereditament and the Welsh railway hereditament occupied by the British Railways Board shall be £10,085,710 and £386,100, respectively; and (b) the rateable values of the English railway hereditament and the Welsh railway hereditament occupied by Railtrack PLC shall be £191,628,497 and £7,335,900, respectively. (2) In this Part, “English railway hereditament” means a hereditament described in regulation 2 of the Non-Domestic Rating (Railways) and Central Rating Lists (Amendment) Regulations 1994[^f00003] and required by virtue of Part 4 of the Schedule to the Central Rating Lists Regulations 1989[^f00004] to be shown in the central non-domestic rating list for England and “Welsh railway hereditament” means a hereditament so described and so required to be shown in the central non-domestic rating list for Wales.

; and

• (c) the amounts specified in columns 1 and 2 of the Schedule in respect of the British Railways Board shall be deleted.

Signed

Signed by authority of the Secretary of State for the Environment

David Curry — Minister of State, — Department of the Environment — 30th March 1994

Gwilym Jones — Parliamentary Under Secretary of State, Welsh Office — 30th March 1994

Explanatory note

(This note is not part of the Order)

This Order amends the Railways (Rateable Values) Order 1989 which provides that the normal rules of valuation for rating contained in paragraphs 2 to 2B of Schedule 6 to the Local Government Finance Act 1988 shall not apply in respect of railway hereditaments shown in a central rating list and further provides that the rateable value of such hereditaments shall instead be determined in accordance with that Order.

This Order provides for the rateable values for 1994/95 of railway hereditaments in England and Wales occupied by the British Railways Board and Railtrack PLC.

Footnotes

[^f00001]: 1988 c. 41; paragraph 3(2) of Schedule 6 was amended by paragraph 38(13) of Schedule 5 to the Local Government and Housing Act 1989 (c. 42).See section 146(6) of the Local Government Finance Act 1988 for the definition of “prescribed”.

[^f00002]: S.I.1989/2477 to which there are amendments not relevant to this Order.

[^f00003]: SI 1994/834.

[^f00004]: SI 1989/2263.Part 4 of the Schedule was amended by S.I.1994/834.