# The Business Improvement Districts (England) Regulations 2004, Paragraph 20


For regulation 20 (expenses of the ballot holder) substitute—
“Expenses of the ballot holder
20. All expenditure properly incurred by the ballot holder in relation to the holding of a ballot under these Regulations shall be paid by the relevant billing authorities in the proportions calculated in accordance with the formula—
A×Bwhere—
A is the percentage of hereditaments in respect of which persons are eligible to vote in the ballot that fall within the relevant billing authority’s area; and
B is the total expenditure properly incurred by the ballot holder.”

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Source: https://www.legislation.gov.uk/uksi/2004/2443/schedule/5/paragraph/20 (the official version)
Page: https://openlegislation.uk/business-improvement-districts-england-regulations-2004/schedule-5/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.