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 shall not apply, and instead that their rateable value shall be such as is specified in the order or determined in accordance with prescribed rules. These powers are now vested in the National Assembly for Wales.

Gas hereditaments occupied (or, if unoccupied, owned) by BG plc (which has replaced British Gas plc for these purposes) are required to be shown in the central rating list compiled on 1st April 2000 by virtue of the Central Rating List (Wales) Regulations 1999. This Order provides that paragraphs 2 to 2B are not to apply to such hereditaments.

For the year beginning on 1st April 2000 £32,059,000 is specified as the rateable value of gas hereditaments situated in Wales. This rateable value will also apply in subsequent years.

Article 3(1) revokes with effect from 1st April 2000 the British Gas plc (Rateable Values) Order 1994. These provisions shall continue to have effect for the purposes mentioned in article 3(2).