This Order makes provision for the valuation for each of the financial years 2000-2001 to 2004-2005 of certain railway lands and heritages occupied by ScotRail Railways Ltd., Great North Eastern Railway Ltd., the British Railways Board, West Coast Trains Ltd. and West Coast Traincare Ltd. (“the prescribed class of lands and heritages”) (article 3).

The Order prescribes the aggregate amount of the rateable values of the prescribed class of lands and heritages at £743,000 (article 4). It also apportions that amount among the four occupiers and among local authorities (article 5).

The Order amends certain enactments relating to the valuation of the prescribed class of lands and heritages and revokes the existing Order applicable to the prescribed class of lands and heritages in respect of financial year 1999-2000 (articles 6 to 9).

In pursuance of the power in section 6(6) of the Local Government (Scotland) Act 1975, the Order has effect from 1st April 2000.