Docks and Harbours (Rateable Values) Order 1976
| Jurisdiction | UK Non-devolved |
| Citation | SI 1976/535 |
| Year | 1976 |
1976 No. 535
RATING AND VALUATION
The Docks and Harbours (Rateable Values) Order 197616thMarch 1976
16thMarch 1976
1stApril 1976
The Secretary of State for the Environment, in exercise of his powers under section 19 of the Local Government Act 1974(a) and section 114 of the General Rate Act 1967(b), as applied by section 22(3) of the Local Government Act 1974, and of all other powers enabling him in that behalf, after consultation with the associations of local authorities and of persons carrying on undertakings appearing to him to be concerned and the local authorities and persons carrying on undertakings with whom consultation appeared to him to be desirable, hereby makes the following order:—
Title and commencement
1. This order may be cited as the Docks and Harbours (Rateable Values) Order 1976 and shall come into operation on the day following the day on which it has been approved by a resolution of each House of Parliament.
Interpretation
2.—(1) The Interpretation Act 1889(c) shall apply for the interpretation of this order as it applies for the interpretation of an Act of Parliament.
(2) In this order—
"the Commissioners" means the Commissioners of Inland Revenue;
"the Index" means the figure for the index of Retail Prices for All Items published by the Secretary of State;
"relevant receipts" in relation to any dock or harbour undertaking, means all receipts by way of revenue included or to be included in the accounts of the undertaking, whether derived from the operations carried on under the authority referred to in article 3(1) or otherwise, and includes such receipts
(a) 1974 c. 7.
(b) 1967 c. 9.
(c) 1889 c. 63.
from all ancillary land and buildings occupied by the person carrying on the undertaking in connection with the dock or harbour, but shall exclude—
(a) receipts in respect of cargo handling;
(b) receipts in respect of pilotage;
(c) investment income from—
(i) investments required to be shown in the accounts of the undertaking (other than investments in subsidiary companies);
(ii) loans or deposits made for a period of 60 calendar months or less;
(iii) investments in companies engaged wholly or mainly in cargo handling and not falling within either of the two preceding items;
(d) the rents of parts of the dock or harbour undertaking let, notwithstanding that such parts as let are separately rated, except in so far as those rents exceed 10 per cent of the sum arrived at after deducting the excluded items (a), (b) and (c) above from all receipts of the undertaking;
"subsidiary" means a subsidiary as defined by section 154 of the Companies Act 1948(a);
"year" means a period of twelve months beginning with 1st April.
In the application of the definition of "relevant receipts", receipts in respect of cargo handling shall be taken to be—
(a) in the case of an undertaking to which the Statutory Harbour Undertakings (Forms of Accounts etc.) (Local Authorities) Regulations 1969(b), as amended (c), apply, the revenue from cargo handling indicated separately in the revenue account under paragraph 13(1)(a) of Schedule 2 to the said Regulations;
(b) in the case of an undertaking to which the Statutory Harbour Undertakings (Form of Accounts etc.) (Companies) Regulations 1969(d) apply...
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