combined hereditamentsmeans the scheme hereditaments and any other water hereditaments occupied by a scheme transferee;
Schedule 2 schememeans a scheme under Schedule 2 to the Water Industry Act 1991;
scheme hereditamentsmeans water hereditaments transferred by a Schedule 2 scheme;
scheme transfereemeans a water undertaker which, in consequence of a Schedule 2 scheme, occupies a class of hereditaments which immediately before the day on which the scheme comes into force are occupied by another water undertaker. 16 This Part applies for the purpose of determining, as regards any day on which, pursuant to the Central Rating Lists Regulations 1989, combined hereditaments occupied by a scheme transferee are shown in a central rating list, the rateable value (as a whole) of those hereditaments. 17 1 The rateable value (as a whole) of combined hereditaments shall be an amount equal to the aggregate of the amounts which, but for the Schedule 2 scheme, and subject to paragr
the standard formulameans the formula where— • T is the amount specified in relation to a class of hereditaments in column 1 of the Schedule;