HC Deb 25 October 1976 vol 918 c42W
Mrs. Dunwoody

asked the Secretary of State for the Environment what is the total rateable value in England and Wales of the hereditaments of the British Gas Corporation rated by formula.

Mr. Guy Barnett

The formula is prescribed in the Gas Hereditaments (Rateable Values) Order 1976 (S.I., 1976 No. 490). I regret that in preparing the order the existence of the Gas Boards (Rateable Values) Order 1972 (S.I., 1972, No. 1794) was overlooked, and I am advised that as a result the total rateable value works out at about £150 million instead of the £60 million which was intended and which appears in the valuation lists. Legislation will be introduced as soon as possible to correct this error with effect from 1st April 1976.

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