(1)The levy—
(a)is to be charged in respect of a chargeable transaction, and
(b)becomes payable when a person takes entry to the overnight accommodation in pursuance of the transaction (such a person is referred to in this Act as a “visitor”).
(2)In this Act, a “chargeable transaction” is a purchase for value of the right to reside in or at overnight accommodation situated within the area to which a VL scheme relates for a period of one or more nights (see section 12(1)(a) for the meaning of a VL scheme).
(3)For the purpose of subsection (2), a reference to a night is a reference to—
(a)any continuous period of 6 or more hours between 12 noon on one day and 12 noon on the following day which includes midnight, or
(b)any combination of two or more individual periods totalling 6 hours or more where—
(i)the combined period occurs between 12 noon on one day and 12 noon on the following day, and
(ii)at least one of the individual periods begins before midnight and at least one of the individual periods ends after midnight.
Commencement Information
I1S. 3 not in force at Royal Assent, see s. 79(2)
I2S. 3 in force at 20.9.2024 by S.S.I. 2024/231, reg. 2