SCHEDULES

SCHEDULE 6GAS BOARDS.

PART I

Calculation of rateable value of notional hereditament

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.

TABLE
Gas BoardBasic total of rateable values
£
Northern .522,892
North-Western1,589,871
North-Eastern657,498
East Midlands1,234,176
West Midlands1,341,188
Wales288,915
Eastern504,574
North Thames1,158,164
South Eastern1,355,082
Southern511,517
South Western476,683

(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.