http://www.legislation.gov.uk/wsi/2000/299/article/2The Water Undertakers (Rateable Values) (Wales) Order 2000Business ratesRATING, WALESStatute Law Database2022-08-30Expert Participation2000-04-01 Under paragraph 3(2) of Schedule 6 to the Local Government Finance Act 1988, the Secretary of State may by order provide in the case of non-domestic hereditaments to be shown in the central rating list for Wales that the normal rules of valuation for rating contained in paragraphs 2 to 2B of that Schedule are not to apply to such hereditaments. Instead their rateable values shall be such as are specified in the order or determined in accordance with prescribed rules. These powers are now vested in the National Assembly for Wales. The Water Undertakers (Rateable Values) (Wales) Order 2000Gorchymyn Ymgymerwyr Dŵ r (Gwerthoedd Ardrethol) (Cymru) 2000art. 2(1)The Non-Domestic Rating (Utilities) (Rateable Value) (Amendment) (Wales) Order 2003Gorchymyn Ardrethu Annomestig (Cyfleustodau) (Gwerth Ardrethol) (Diwygio) (Cymru) 2003art. 2(a)art. 1(1) 2 1 In this Order— “the Act” (“y Ddeddf”) means the Local Government Finance Act 1988; “Central List Regulations” (“Rheoliadau Rhestr Ganolog”) means the Central Rating List (Wales) Regulations 1999; “a class of hereditaments” (“dosbarth ar hereditamentau”) means such of those hereditaments to be shown in the central rating list for Wales by virtue of regulation 3(1) of and Part 6 of the Schedule to the Central List Regulations as are occupied by any one designated person named in the schedule to this Order; “designated person” (“person dynodedig”) means a person designated by regulation 3(1) of and named in Part 6 of the Schedule to the Central List Regulations; and in relation to a class of hereditaments “relevant designated person” means the designated person in occupation of that class; “recalculation factor” (“ffactor ailgyfrif”) in relation to a class of hereditaments means the factor determined in relation to that class in accordance with article 7; “relevant year”(“blwyddyn berthnasol”) means any year for which a rateable value is to be determined in accordance with this Order and “relevant preceding year” means the year preceding a relevant year; “the standard formula” (“y fformwla safonol”) means the formula T + U where— T is the amount specified in relation to a class of hereditaments in the Schedule; and U is the recalculation factor applicable to that class in respect of the relevant year ; and “year” (“blwyddyn”) means a chargeable financial year. 2 Any reference in this Order to a class of 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. 3 Any reference in this Order or in the Schedule to a designated person by name is to the company bearing that name at the date that name is entered in the central rating list for Wales. S.I. 1999/ 3453. Art. 2 in force at 1.4.2000, see art. 1(1)