The British Gas plc (Rateable Values) Order 1989

means the company registered at the date of this Order by the name of British Gas plc;

means such hereditaments so required to be shown in the central rating list for England, and “Welsh gas hereditaments” means such hereditaments so required to be shown in the central rating list for Wales;

means non-domestic hereditaments occupied (or, if unoccupied, owned) by British Gas and required by virtue of Part 3 of the Schedule to the Central Rating Lists Regulations 1989 to be shown in a central non-domestic rating list;

means any year beginning on or after 1st April 1991 and ending no later than the end of the year in which the rateable value of Welsh gas hereditaments first falls by virtue of article 8 or 9 to be determined in accordance with the standard formula.

means any pipe-line occupied (or, if unoccupied, owned) by British Gas and having a design operating pressure exceeding 7 bars;

means the year preceding a relevant year;

means a year for which a rateable value falls to be determined in accordance with this Order, and “relevant preceding year” means the year preceding a relevant year;

means the Local Government Finance Act 1988;

means the formula where— • T in relation to English gas hereditaments is £504,300,000 and in relation to Welsh gas hereditaments is £31,700,000, and • U is the recalculation factor determined under Part IV in respect of each class of hereditaments respectively for the relevant year;

means such hereditaments so required to be shown in the central rating list for Wales;

means a chargeable financial year.