2(1)Subject to sub-paragraph (2) of this paragraph, for the purposes of this Part of this Schedule the basic total of rateable values of each respectively of the Gas Boards set out in the following Table shall be taken to be the amount so set out in relation to that Board.
Gas Board | Basic total of rateable values |
---|---|
£ | |
Northern . | 522,892 |
North-Western | 1,589,871 |
North-Eastern | 657,498 |
East Midlands | 1,234,176 |
West Midlands | 1,341,188 |
Wales | 288,915 |
Eastern | 504,574 |
North Thames | 1,158,164 |
South Eastern | 1,355,082 |
Southern | 511,517 |
South Western | 476,683 |
(2)If it appears to the Minister that by reason of any substantial change of circumstances it is expedient so to do, he may, by order made after consultation with the Gas Council and with such associations of local authorities as appear to him to be concerned, and with any local authority with whom consultation appears to him to be desirable, vary for all Gas Boards the amounts to be taken as their respective basic totals of rateable values for the purposes of this Part of this Schedule ; but an order under this sub-paragraph shall not have effect until approved by a resolution of each House of Parliament.