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Proceeding contribution from Lord Best (Crossbench) in the House of Lords on Monday, 18 May 2009. It occurred during Debate on bill and Committee proceeding on Business Rate Supplements Bill.

Business Rate Supplements Bill

Clause 14: Chargeable amount: supplementary Amendment 48A 48A: Clause 14, page 11, line 5, at end insert— "(8A) No later than five years after the date on which this section comes into force and, after then, at intervals no shorter than five years, the Secretary of State shall publish a report following a review carried out by him of the upper limit of the multipliers set out in subsections (6) and (7). (8B) When carrying out a review under subsection (8A), the Secretary of State shall consult— (a) levying authorities; (b) such representatives of local government as appear to him to be appropriate; and (c) such organisations representing businesses as he thinks fit. (8C) If, in a report published under subsection (8A), the Secretary of State concludes that the upper limit of a multiplier should be varied, he may by regulations amend subsections (6) and (7) by varying the upper limit."

Secondary information

Type
Proceeding contribution
Reference
710 c540GC 
Session
2008-09
Chamber / Committee
House of Lords Grand Committee
Subjects
Companies Ballots Administration Costs Business Corporation tax Elizabeth line Billing Greater London Information Greater London Authority Infrastructure Exemptions Leasehold Internet Local government Ownership Local government finance Ports Public consultation Rates and rating Property Business rates Partnerships Transport Small businesses Tax allowances Valuation Surcharges Tax collection Tenants Business improvement districts
Legislation
Business Rate Supplements Bill 2008-09
Non-domestic Rating (Alteration of Lists and Appeals) (England) Regulations 2005
Link
View this Proceeding contribution on www.publications.parliament.uk