Local Government Act 2003
2003 CHAPTER 26
Commentary on Sections
Part 4: Business Improvement Districts
Section 47: BID Revenue Account
88.Section 47 provides that a billing authority which has made BID arrangements must keep a separate account for the BID levy revenue, i.e. the revenue is ring-fenced and may only be used for BID purposes.
- Previous
- Explanatory Notes Table of contents
- Next