http://www.legislation.gov.uk/wsi/2000/555/contentsThe Railtrack plc (Rateable Value) (Wales) Order 2000Business ratesRATING AND VALUATION, WALESStatute Law Database2022-08-30Expert Participation2003-04-01 Under paragraph 3(2) of Schedule 6 to the Local Government Finance Act 1988, the National Assembly for Wales may by order provide that non-domestic hereditaments of a description shown in a central rating list are not to be valued for non-domestic rating on the basis set out in paragraphs 2 to 2C of that Schedule (that is to say, by reference to the rent a hypothetical tenant would pay for a hereditament on an annual basis), but that their rateable values shall be such as are specified in the order or determined in accordance with prescribed rules. The Railtrack plc (Rateable Value) (Wales) Order 2000 1Citation, commencement and application 2Interpretation 3Rounding of numbers 4Rateable values 5Recalculation factor 6Revocations and savings 2000 No. 555 (W.22) Made 29th February 2000 Coming into force 1st April 2000 The National Assembly for Wales makes the following Order in exercise of the powers conferred on the Secretary of State by sections 143(1) and (2) of, and paragraph 3(2) of Schedule 6 to, the Local Government Finance Act 1988, which are now vested in it, so far as exercisable in Wales. 1988 c. 41. See section 146(6) for the definition of “prescribed”. Section 143(2) is amended by paragraph 72(2) of Schedule 5 to the Local Government and Housing Act 1989 (c. 42). Paragraph 3 of Schedule 6 is amended by paragraph 38(12) and (13) of Schedule 5 to the 1989 Act. See the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672).