Water Management Act 2000

This section applies to any land in respect of which a service charge has been levied on the basis of the value of the land.

If a water supply authority becomes aware that the value (as calculated in accordance with this Division) of any parcel of land in respect of which it has levied a service charge for any charging year differs from the value (as so calculated) as at the date on which the service charge was originally assessed, the water supply authority may re-assess the service charge on the basis of the different value.

A service charge may only be re-assessed as from the date from which the revised calculation of the value of the land has effect.

After it makes a re-assessment under this section, a water supply authority must, in accordance with the regulations, cause a notice to be served on the landholder of the parcel of land in respect of which the re-assessment has been made.

Such a notice must specify—

the revised calculation of the value of the land, and

the date from which the revised calculation of the value of the land has effect, and

the revised assessment of the amounts payable in respect of each service charge that has been levied on that land.

On service of such a notice, the service charges for which the landholder of the land to which the notice relates is liable are varied in accordance with the terms of the notice.