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Localism Bill

My Lords, from day one, the Government have been committed to providing meaningful help to businesses hit by certain backdated rates bills, such as some businesses in ports. Despite the financial situation that we inherited, we have honoured our commitment to find a permanent solution to the problem and safeguard jobs and businesses. We are taking the necessary powers through Clause 41 of the Localism Bill to cancel these bills. I welcome the spirit behind the amendment, which aims to clarify that only backdated rates liabilities between 1 April 2005 and 31 March 2010 can be cancelled. However, the current draft achieves this by limiting the cancellation to the 2005 rating list which only applies to chargeable days between 1 April 2005 and 31 March 2010, as the new 2010 list would apply from 1 April 2010. The draft regulations are clear that only an alteration to the rating list that occurred on or before 31 March 2010 can qualify for the cancellation. The amendment is not needed. New Section 49A(2)(a), as inserted by Clause 41, limits the cancellation policy to properties entered in the 2005 rating list, so the current draft already achieves the aim of the proposed amendment. I trust that this will be sufficient for the noble Lord to be able to withdraw the amendment.