{
  "url": "https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014/schedule-3/paragraph-2",
  "json_url": "https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014/schedule-3/paragraph-2.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/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "For each year a billing authority which is required to keep a BID Revenue Account (“the account”) shall carry to the debit of the account amounts equal to the items listed in this Part of this Schedule.\nItem 1: BRS-BID cost of collection\nThe cost to the authority for the year in respect of collecting the BRS-BID levy.\nItem 2: BRS-BID expenditure\nThe expenditure of the authority for the year in respect of the BRS-BID arrangements (including sums paid to a third party to undertake the works or services under the BRS-BID arrangements).\nItem 3: provision for bad or doubtful debts\nThe following, namely—\n(a) any sums credited to the account for the year or any previous year under item 1 or 2 of Part 1 of this Schedule which, in the opinion of the authority, are bad debts which should be written off; and\n(b) any provision for doubtful debts which, in their opinion, should be made in respect of sums so credited.\nItem 4: debit balance from previous year\nAny debit 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/2",
    "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."
}