{
  "url": "https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014/schedule-3/paragraph-1",
  "json_url": "https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014/schedule-3/paragraph-1.json",
  "legislation": "ukdsi/2014/9780111122006",
  "legislation_title": "The Business Improvement Districts (Property Owners) (England) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014",
  "path": "schedule/3/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "For each year a billing authority which is required to keep a BID Revenue Account (“the account”) shall carry to the credit of the account amounts equal to the items listed in this Part of this Schedule.\nItem 1: BRS-BID revenues\nSums receivable for the year under sections 43 of the 2003 Act and paragraph 3 of Schedule 2 to the 2009 Act.\nItem 2: income from BRS-BID services and facilities\nSums receivable by the authority for the year in respect of services or facilities provided by it (excluding contributions made by it to the BRS-BID under section 43(2)(a) of the 2003 Act) under the BRS-BID arrangements.\nItem 3: reduced provision for bad or doubtful debts\nThe following, namely—\n(a) any sums debited to the account for a previous year under sub-paragraph (a) of item 3 of Part 2 of this Schedule which have been recovered by the authority during the year; and\n(b) any amount by which, in the opinion of the authority, any provision debited to the account for a previous year under sub-paragraph (b) of that item should be reduced.\nItem 4: credit balance from previous year\nAny credit balance shown in the account for the previous year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111122006/schedule/3/paragraph/1",
    "retrieved_at": "2026-10-30T15:12:00.335696+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."
}