Part 4Business improvement districts
BID levy
I1I245BID 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.