Local Government (Financial Provisions) (Scotland) Act 1963

[F112 Basic rateable valuation of Gas Boards. S

(1)For the purposes of Schedule 4 to the Act of 1956 (which relates to the valuation and rating of Gas Boards) the basic rateable valuation of the Scottish Gas Board shall (subject to the following provisions of this section) be six hundred and fifteen thousand eight hundred and seventy-six pounds:

Provided that this subsection shall not affect the liability to rates of the said Board in respect of any period before the year [F2subsequent to the year following the appointed day.]

(2)If it appears to the Secretary of State 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 Board concerned, the Scottish Valuation Advisory Council and such associations of local authorities as appear to him to be concerned, vary the basic rateable valuation of any Gas Board; but an order under this subsection shall not have effect unless approved by a resolution of the Commons House of Parliament.

(3)The said Schedule shall as respects the years 1963-64 and subsequent years have effect as if—

(a)in paragraph 1 for the expression “1961-62” there were substituted the expression “1963-64”;

(b)paragraphs 2, 7 and 8, and in paragraph 3 the words “and subject to the provisions of paragraph 8 thereof”, were omitted; and

(c)in paragraph 9 after the word “Assessor” there were inserted the words “of Public Undertakings (Scotland) (hereinafter referred to as ”the Assessor’)”.

[F3(4)In this section the expression “the appointed day” means the day appointed by the Secretary of State under section 1(1) of the M1Gas Act 1972.]]

Textual Amendments

F1S. 12 repealed so far as relating to the British Gas Corporation in Scotland for any year commencing on or after 1.4.1978 by S.I. 1978/1176, art. 9, Sch.

Modifications etc. (not altering text)

Marginal Citations