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Proceeding contribution from Nick Raynsford (Labour) in the House of Commons on Wednesday, 17 June 2009. It occurred during Debate on bill on Business Rate Supplements Bill.


Business Rate Supplements Bill

In most BID cases—I cannot say all, because I am not sure of the precise figures—the BID levy is far and away the largest contributor to the BID project in the area. Voluntary contributions may be made by some property owners or the local authority, but the BID levy is the largest single part. Obviously, if the BRS is the largest single part of any scheme, there will be a ballot. That is the distinction. It is only in cases in which the BRS contribution is a relatively small part of the total that local authorities will have the discretion about whether to hold a ballot.


Secondary information

Type
Proceeding contribution
Reference
494 c350 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Local government Business rates Surcharges
Legislation
Business Rate Supplements Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk