Proceeding contribution from Lord Davies of Oldham (Labour) in the House of Lords on Monday, 8 June 2009. It occurred during Debate on bill on Business Rate Supplements Bill.
Business Rate Supplements Bill
Projects will vary. That will inevitably be the case in most projects we can envisage because it is quite clear that businesses will have an interest in the management. They will have a right to leadership in the management. After all, they will be making a contribution, and we would expect that to be the case. We are asking the noble Lord to accept that if we are prescriptive in the Bill, we will set up a particular form of management structure which may not obtain in all cases, particularly as we are not prescriptive about the level of contribution that the BRS might make to the overall project. The moment we get into any attempt at definition of participation in that formal sense, therefore, we are involved in being prescriptive in a way which the Government seek to avoid. It is not because we cannot see how partnerships could develop without a recognition of the role of governance in most cases, but if we put it in the Bill, we have to cover every case in circumstances where a wide variety of projects is likely to be put into effect.
Secondary information
- Type
- Proceeding contribution
- Reference
- 711 c498
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Companies Costs Business Elizabeth line Finance Liability Donors Greater London Infrastructure Empty property Local government Local government finance Public transport Rates and rating Property Business rates Wales Tax allowances Valuation Taxation Business improvement districts Community infrastructure levy
- Legislation
- Business Rate Supplements Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 11:58:10 +0100
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