Part 4Business improvement districts
BID levy
I1I345BID levy
1
BID levy is to be imposed in a business improvement district only for periods (“chargeable periods”) falling within the period in which BID arrangements are in force in respect of the district.
2
The length of any chargeable period, and the day on which it begins, are to be such as may be specified in the BID arrangements.
3
The amount of BID levy for any chargeable period—
a
is to be calculated in such manner as may be provided in the BID arrangements, and
b
may be different for different cases.
I2I446Liability for BID levy
1
BID arrangements must specify the description of non-domestic ratepayers in the business improvement district who are to be liable for BID levy for a chargeable period.
2
A person is to be liable for BID levy for a chargeable period if he falls within that description at any time within the period.
3
The amount of a person’s liability for BID levy for any chargeable period is to be determined in accordance with the BID arrangements.
4
Any amount of BID levy for which a person is liable is to be paid to the billing authority which made the arrangements.