35Rating in England and Wales
(1)In Schedule 3 to the [1974 c. 7.] Local Government Act 1974 (hereditaments to which section 19(1) of that Act applies) paragraph 5(a) (hereditaments occupied by the Post Office by certain property used for the purposes of telecommunication services) shall be omitted, and after paragraph 5 there shall be inserted the foUowing paragraph—
“5AAny hereditament occupied by British Telecommunications by any such property as follows, namely, posts, wires, underground cables and ducts, telephone kiosks and other equipment not within a building, being property used for the purposes of telecommunication services.”
(2)No proposal shall be made under section 69 of the [1967 c. 9.] General Rate Act 1967 for the alteration of a value which, by virtue of an order made under the said section 19, is shown in a list as the rateable value of any hereditament occupied by the Corporation by any such property as aforesaid.
(3)For the purposes of the law relating to rating, the Corporation shall be treated as not being a public utility undertaking.
(4)Expressions used in this section and in the General Rate Act 1967 have the same meanings in this section as in that Act.
(5)This section extends to England and Wales only.