PART II

ELECTRICITY GENERATION

Rateable Value
6
1
In the case of a hereditament falling within the class prescribed in article 5, paragraphs 2 to 2B of Schedule 6 to the Act shall not apply, and its rateable value, in any year, during which the relevant list has effect, shall be an amount equal to the applicable amount.
2
The “applicable amount” for the purposes of paragraph (1) is the amount per mega watt of declared net capacity of the generating plant in or on the hereditament (expressed to the nearest hundredth part of a mega watt) set out in column (2) of the following Table in relation to the sole or primary source of energy used by that governing plant set out in column (1):

TABLE
(1) | (2)
Sole or primary source of energy | £ per mega watt
i The burning of coal | 9,500
ii The burning of oil | 5,000
iii The burning of natural gas where a steam turbine is used | 9,500
iv The burning of natural gas where a steam turbine is not used | 5,000
v Nuclear Fission produced by a Magnox reactor | 6,000
vi produced by a Magnox reactor | Nuclear Fission not 14,000
vii Wind Power | 2,000
viii The burning of gas from land fill sites | 5,000
ix The burning of crops and animal litter | 2,000
x Pumped storage | 12,800
xi Hydro Electric | 9,500
xii Any source of energy not listed above. | 2,000
3
In this article “the relevant list” means the local non-domestic rating list compiled on 1st April 2000.
Paragraph 2 is amended and paragraphs 2A and 2B inserted by paragraph 38(3) to (11) of Schedule 5 to the Local Government and Housing Act 1989.