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PART VINON-DOMESTIC RATING: CONTRACTING OUT

Security for unpaid rates

60.  Subject to article 67, an authority may authorise a contractor to exercise the function conferred under the Non-Domestic Rating (Collection and Enforcement) (Local Lists) (Amendment and Miscellaneous Provision) Regulations 1991(1) of entering into an agreement with a person liable to pay to it an amount under section 43(1) of the Act (occupied hereditaments: liability) or section 45(1) of the Act (unoccupied hereditaments: liability)—

(a)charging any interest of that person in the hereditament concerned to secure payment of the amount and undertaking to take no steps for a specified period to recover any payment in respect of the amount;

(b)extending to any further amount the person may become liable to pay to the authority under section 43 or 45 of the Act as regards the hereditament; and

(c)providing for the payment of interest on sums outstanding or for interest payable to be secured by the charge.