Part 4Business improvement districts
Administration etc
I1I2C147BID Revenue Account
1
A billing authority which has made BID arrangements must, in accordance with proper practices, keep an account, to be called the BID Revenue Account.
2
Amounts paid to the authority by way of BID levy must be credited to the BID Revenue Account.
3
Amounts are to be debited to the BID Revenue Account only in accordance with BID arrangements.
4
The Secretary of State may by regulations make further provision in relation to the BID Revenue Account.