Part 4Business improvement districts

BID levy

I1I3C145BID levy

1

BID levy is to be imposed in a business improvement district only for periods (“chargeable periods”) falling within the period in which BID arrangements are in force in respect of the district.

2

The length of any chargeable period, and the day on which it begins, are to be such as may be specified in the BID arrangements.

3

The amount of BID levy for any chargeable period—

a

is to be calculated in such manner as may be provided in the BID arrangements, and

b

may be different for different cases.

I2I4C146Liability for BID levy

1

BID arrangements must specify the description of non-domestic ratepayers in the business improvement district who are to be liable for BID levy for a chargeable period.

2

A person is to be liable for BID levy for a chargeable period if he falls within that description at any time within the period.

3

The amount of a person’s liability for BID levy for any chargeable period is to be determined in accordance with the BID arrangements.

4

Any amount of BID levy for which a person is liable is to be paid to the billing authority which made the arrangements.