http://www.legislation.gov.uk/wsi/2000/299/article/3The 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. 3 Where (apart from this article) any rateable value determined under this Order includes a fraction of a pound— a the fraction shall be made up to one pound if it would exceed 50p, and b the fraction shall be ignored if it would be 50p or less. Art. 3 in force at 1.4.2000, see art. 1(1)