In this Part—

• “Central Lists Regulations” means the Central Rating Lists (England) Regulations 20003;

• “the central list” means the central non-domestic rating list for England compiled on 1st April 2000;

• “class of hereditaments” means the hereditaments falling to be shown in the central list in relation to a designated person by virtue of regulation 4 of and Part 2 of the Schedule to the Central Lists Regulations4;

• “designated person” means a person designated by regulation 3(1) of and named in Part 2 of the Schedule to the Central Lists Regulations;

• “recalculation factor” in relation to a class of hereditaments means the factor determined in relation to that class in accordance with article 9 or 10, as the case may be;

• “relevant year” means any 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; and

• “standard formula” in relation to a class of hereditaments means the formula

  $\mathrm{T}+\mathrm{U}\text{,}$

  where—

  a

  T is the amount specified in the Schedule to this Order in relation to that class; and

  b

  U is the recalculation factor applicable to that class in respect of the relevant year.

Any reference in this Part to hereditaments occupied by a person includes a reference, in the case of unoccupied hereditaments, to hereditaments owned by that person, references to occupation being construed accordingly.

Any reference in this Part or in the Schedule to a designated person by name is to the company bearing that name on 1st January 2000.