This order establishes the legal framework for determining the rateable values of the Glasgow Underground system for taxation purposes. The document is issued by the Scottish Office under the authority of the Local Government (Scotland) Act 1975, providing the specific methodology for calculating the valuation of the transit network to ensure consistent local taxation across the region. It serves as a regulatory instrument to define how the infrastructure is assessed by the assessor of public undertakings.

Legal professionals and government auditors utilize this text as a primary reference for historical property tax assessments in Scotland. The document is strictly technical in nature and is intended for use by tax authorities and legal practitioners.