7Holding of ballot
(1)There must be a ballot on the imposition of a BRS if—
(a)A is more than one third of B, or
(b)the initial prospectus states that, even though paragraph (a) does not apply in relation to the BRS, the levying authority nevertheless thinks that there should be a ballot on the imposition of the BRS.
(2)For the purposes of subsection (1)(a)—
“A” is the amount specified in the initial prospectus as the amount the authority expects to raise from the imposition of the BRS, and
“B” is the amount specified in the initial prospectus as the amount the authority estimates as the total cost of the project to which the BRS relates.
(3)The proposition to be voted on in a ballot on the imposition of a BRS is—
“The [insert name of levying authority] proposes to introduce a business rate supplement. The proposal is set out in [insert title of prospectus]. Should the proposed business rate supplement be introduced?”
(4)A person is eligible to vote in a ballot on the imposition of a BRS if the person is within section 6(2), (3) or (4).
(5)In a case where a revised initial prospectus is published under section 6(6), a reference in this section to an initial prospectus is a reference to the revised initial prospectus.