§ 4F.—(1) This paragraph applies where any transfer effected by paragraph 6 is a transfer of a hereditament which, immediately before the commencement day is a hereditament which falls within—
- (a) the description set out in Part 2 of the Schedule to the Central Rating List (England) Regulations 2000; or
- (b) the description set out in Part 2 of the Schedule to the Central Rating List (Wales) Regulations 1999.
§ (2) The Secretary of State may by order make such modifications of that Part of that Schedule, and of the Electricity Supply Industry (Rateable Values)(England) Order 2000 or the 407 Electricity Supply Industry (Rateable Values)(Wales) Order 2000, as may appear to him necessary or expedient as a consequence of the transfer.
§ (3) An order under this paragraph which is made after the commencement day may have effect as from that day or any later day.
§ (4) Where, by virtue of sub-paragraph (3), an order under this paragraph has effect from a day earlier than that on which it is made, any necessary alteration shall be made with effect from that earlier day to any central rating list in which the hereditament is shown.
§ (5) An order under this paragraph shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.