Small-scale hydro plant and machinery review: report

Footnotes

1. https://www.gov.scot/publications/report-barclay-review-non-domestic-rates/

2. https://www2.gov.scot/Resource/0052/00529284.pdf

3. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/566567/BEIS_Electricity_Generation_Cost_Report.pdf

4. A hurdle rate is the minimum rate of return on a project or investment required by a manager or investor.

5. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/566718/Arup_Renewable_Generation_Cost_Report.pdf; https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/456187/DECC_Small-Scale_Generation_Costs_Update_FINAL.PDF

6. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/487300/FITs_Review_Govt__response_Final.pdf

7. Section 1 - The Lands Valuation (Scotland) Act 1854

8. Section 42 - The Lands Valuation (Scotland) Act 1854

9. Section 6(8) – the Valuation and Rating (Scotland) Act 1956

10. https://www.rics.org/globalassets/rics-website/media/upholding-professional-standards/sector-standards/valuation/comparable-evidence-in-property-valuation-1st-edition-rics.pdf

11. https://www.rics.org/globalassets/rics-website/media/upholding-professional-standards/sector-standards/valuation/the-contractors-basis-of-valuation-for-rating-purposes-2nd-edition-rics.pdf

12. The Receipts and Expenditure Method of Valuation – A guidance Note by the Joint Professional Rating Forum 1997 S3.5.

13. S42 of the Lands Valuation Scotland Act 1854 – the definition of Lands and Heritages included "… all Machinery fixed or attached to any Lands or Heritages…"

14. The Rating of Plant and Machinery: A Report by the Wood Committee 1993

15. Assessor for Tayside Valuation Joint Board v Old Faskally Farming Company and Others 2016.

16. Shell Uk Ltd v Assessor for Grampian Valuation Joint Board 2000

17. https://www.gov.uk/government/publications/state-aid-if-theres-no-brexit-deal/state-aid-if-theres-no-brexit-deal

18. https://www.rics.org/globalassets/rics-website/media/upholding-professional-standards/sector-standards/land/negotiating-options-and-leases-for-renewable-energy-schemes-2nd-rics.pdf

19. The 55:45 landlord: tenant split is further adjusted to take account of risk and to remove rates to avoid double counting payments. The impact of this tenant's share (45%) is effectively increased by a further 10% to reflect risk resulting in 49.5% and the landlord's share is correspondingly reduced to 50.5%. Once adjustment is that the 45 per cent figure changes made to deduct non-domestic rates payments these percentages are effectively reduced to 39.81 per cent.% for the tenant and 60.19% for the landlord.

20. The poundage (including the Large Business Supplement) at the Tone date

21. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/566809/NERA_Hurdle_Rates_for_Electricity_Generation_Technologies.pdf

22. Section 1 - The Lands Valuation (Scotland) Act 1854

23. Section 42 - The Lands Valuation (Scotland) Act 1854

24. The Non-Domestic Rate (Scotland) Order 2018

25. Scottish Draft Budget Statement 2018/19

26. Section 6(8) – the Valuation and Rating (Scotland) Act 1956

27. Armour on Valuation for Rating – 5th Edition S11-08

28. Mersey Docks & Harbour Board v Liverpool Overseers 1873 & R v London & North Western Ry. 1874

29. Revaluation 2010 - Non-Domestic Rates - An FSB Scotland Policy Discussion Paper - September 2010

30. Report of the Barclay Review of Non-Domestic Rates- Recommendation 28 - All property should be entered on the valuation roll (except public infrastructure such as roads, bridges, sewers or domestic use) and current exemptions should be replaced by a 100% relief to improve transparency.

31. The receipts and Expenditure Method of Valuation – A guidance Note by the Joint Professional Rating Forum 1997

32. Scottish Assessors' Association CPC Practice Note 20 – Valuation of Hotels and Accommodation Subjects

33. Scottish Assessors' Association CPC Practice Note 24 – Valuation of Guest Houses

34. Scottish Assessors' Association CPC Practice Note 19 – Valuation of Licensed Premises

35. S42 of the Lands Valuation Scotland Act 1854 – the definition of Lands and Heritages included "… all Machinery fixed or attached to any Lands or Heritages…"

36. The Rating of Plant and Machinery: A Report by the Wood Committee 1993

37. The Rating of Plant and Machinery in industries currently subject to prescribed assessment: A Report by the 2nd Wood Committee 1999.

38. The Valuation for Rating (Plant and Machinery) (Scotland) Regulations 2000 and The Valuation for Rating (Plant and Machinery) (England) Regulations 2000.

39. Assessor for Tayside Valuation Joint Board v Old Faskally Farming Company and Others 2016.

40. The Valuation for Rating (Plant and Machinery Regulations) (Scotland) Regulations 2000

41. Assessor for Tayside Valuation Joint Board v Old Faskally Farming Company and Others 2016.

42. Shell Uk Ltd v Assessor for Grampian Valuation Joint Board 2000

43. Valuation Office Agency – Rating Manual – Volume 4 – Section 3 – Practice Note 1

44. Monsanto Plc v Farris (VO) 1998

45. Scottish Assessors' Association Utilities Committee Practice Note 2 – Valuation of On-shore Wind Turbines.

46. Armour on Valuation for Rating – 5th Edition S19-19

47. Lord Dunedin – Port of London Authority v Assessment Committee of Orsett Union 1920.

48. RICS professional standards and guidance, UK - The Contractor's Basis of valuation for rating purposes, 2nd edition, August 2017.

49. The receipts and Expenditure Method of Valuation – A guidance Note by the Joint Professional Rating Forum 1997. S2.5.

50. S4.2 As above

51. The receipts and Expenditure Method of Valuation – A guidance Note by the Joint Professional Rating Forum 1997 S3.5.