Decision - Business Rates Empty Property Re-occupation Incentive
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Decision details
Business Rates Empty Property Re-occupation Incentive
Decision Maker: Policy & Resources Committee (pre 2015)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
A new discount for Business Rates, designed to
incentivise the reoccupation of long-term empty
properties
Decision:
1. That the business rates Empty Property Occupation Discount scheme described in the report and specified in full at paragraphs 3.1 – 3.13 and Appendix 1 to the report be approved;
2. That delegated authority be granted to the Executive Director for Finance & Resources:-
(i) to implement, manage and operate the scheme from 1 October 2013 or as soon as practicable thereafter, until 31 March 2015; and
(ii) to take such measures in connection with the scheme as are needed to comply with relevant legislation and statutory guidance.
3. That the Executive Director for Finance & Resources be instructed to review the effectiveness of the Discount Scheme after six months of operation and to report the findings to the Policy & Resources Committee, together with any recommended amendments.
Report author: Paul Ross-Dale
Publication date: 12/09/2013
Date of decision: 12/09/2013
Decided at meeting: 12/09/2013 - Policy & Resources Committee (pre 2015)
Effective from: 27/09/2013
Accompanying Documents: