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Proceeding contribution from Lord Bates (Conservative) 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

I shall be brief. The amendment relates to trying to secure some specific responses from the Government. If a business that is currently liable to the business rate supplement in the circumstances that have been outlined were to cease trading and still owed business rate supplement, what mechanism is in place to deal with that? Will the local authority simply line up as a creditor along with other creditors to the company? If a major retailer, say a B&Q superstore or a Woolworth’s, is on the brink, is there flexibility to ease the situation? I merely seek to elicit information from the Minister on the position. I beg to move.

Secondary information

Type
Proceeding contribution
Reference
710 c548GC 
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