OpenLegislation

Paragraph 5 I1I2C1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

BRS-BID arrangements are not to come into force unless proposals for the arrangements (“BRS-BID proposals”) are approved by a ballot of those who are to be liable for the proposed BRS-BID levy.

(2)

BRS-BID proposals are not to be regarded as approved by a ballot held for the purposes of sub-paragraph (1) unless the following two conditions are satisfied.

(3)

The first condition is that a majority of persons voting in the ballot have voted in favour of the proposals.

(4)

The second condition is that A exceeds B.

(5)

“A” is such amount as is calculated by reference to rateable value in the manner prescribed in regulations and is attributable to persons who voted in favour of the proposals.

(6)

“B” is such amount as is calculated by reference to rateable value in the manner prescribed in regulations and is attributable to persons who voted against the proposals.

(7)

Regulations making provision for the purposes of sub-paragraphs (5) and (6) may, in particular, provide for the amounts in question to be calculated by aggregating the rateable values of each hereditament in respect of which a person voted in the ballot.

(8)

Sub-paragraphs (1) and (2) are subject to provision made in regulations under paragraph 10(1)(g).

Annotations

Modifications

C1

Sch. 2 applied (with modifications) (E.) (2.12.2014) by The Business Improvement Districts (Property Owners) (England) Regulations 2014 (S.I. 2014/3204), art. 1(1), Sch. 5 para. 2

Commencement

I1

Sch. 2 para. 5 in force at 16.7.2014 for specified purposes for E. by S.I. 2014/1860, art. 2

I2

Sch. 2 para. 5 in force at 2.12.2014 for E. in so far as not already in force by S.I. 2014/3200, art. 2