{
  "url": "https://openlegislation.uk/business-rate-supplements-accounting-england-regulations-2010/schedule-1/paragraph-2",
  "json_url": "https://openlegislation.uk/business-rate-supplements-accounting-england-regulations-2010/schedule-1/paragraph-2.json",
  "legislation": "uksi/2010/403",
  "legislation_title": "The Business Rate Supplements (Accounting) (England) Regulations 2010",
  "legislation_url": "https://openlegislation.uk/business-rate-supplements-accounting-england-regulations-2010",
  "path": "schedule/1/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "For each year of the imposition of a BRS, a levying authority or a functional body shall carry to the debit of the account amounts equal to the items listed in this Part of the Schedule.\nItem 1: Administrative expenses of BRS\nAdministrative expenses of a billing authority for the year in respect of collection and enforcement of BRS under regulations 3 and 4 of and the Schedule to the Business Rate Supplements (Administrative Expenses) (England) Regulations 2010.\nItem 2: BRS expenditure, comprising—\n(a) the expenditure of the levying authority for the year, in respect of the project to which the BRS relates (including making good to the levying authority’s general fund any amounts transferred from the general fund in respect of any deficit on the revenue account); and\n(b) the expenditure of a functional body in respect of the project to which the BRS relates.\nItem 3: Payments to functional bodies\nPayments to be made by the Greater London Authority to the revenue account of a functional body.\nItem 4: Refunds\nThe following—\n(a) payments to be made by the levying authority for refunds or credits to persons who were liable to BRS, where the imposition of a BRS has come to an end or where the Secretary of State has made a direction under section 24(3) of the Act;\n(b) payments to be made by the levying authority to its general fund, where the imposition of a BRS has come to an end and no further refunds or credits are due to persons who were liable to BRS; and\n(c) payments to be made by a functional body to the revenue account of the Greater London Authority, where the imposition of a BRS has come to an end.\nItem 5: Debit balance from previous year\nAny debit balance shown in the account for the previous year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2010/134."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2010/403/schedule/1/paragraph/2",
    "retrieved_at": "2026-10-29T02:52:11.449210+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}