Business Rate Supplements Act 2009

5Prospectus

This section has no associated Explanatory Notes

(1)Any initial or final prospectus must include the information specified in Schedule 1 (and may include such other information as the levying authority thinks appropriate).

(2)The function of the levying authority of approving a final prospectus before publication is a function that must be discharged only by the whole authority; but that does not apply in the case of the Greater London Authority.

(3)After publishing an initial or final prospectus, a levying authority must—

(a)place an electronic copy of the published prospectus on its website, and

(b)make copies of the published prospectus available for inspection at its principal office at all reasonable times of the day.

(4)In a case where two or more levying authorities are acting jointly by virtue of section 2, each authority must separately—

(a)discharge the function of approving a final prospectus before publication, and

(b)comply with the duty imposed by subsection (3).

(5)Regulations may amend Schedule 1 so as to add, vary or omit a description of information.