IRRV Alert - week ending 26th July 2013

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Open consultation: Property owners and business improvement districts

 

 

 

 

 

Open consultation

Property owners and business improvement districts

This consultation closes on 17 September 2013

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Consultation

Currently, property owners can make voluntary contributions towards a ratepayer business improvement district and some do. However, others choose not to make a contribution but still benefit from the success of a business improvement district.

Mary Portas, in her independent report into the future of high streets, recommended that the government should legislate to allow landlords to become high street investors by contributing to their business improvement district.

The report argued that landlords, as critical long-term stakeholders should be able to make contributions and have a voice.

The government recognises the views of the business improvement district community and Mary Portas, that property owner business improvement districts could strengthen the part that landlords play in the future of the high street and in promoting growth - and committed to look at formalising the role of owners in response to a Portas Review recommendation.

This consultation seeks views on a framework for allowing such schemes.

Document

Property owners and business improvement districts: formalising the role of property owners, who are not ratepayers, in business improvement district schemes

This consultation considers how the role of property owners, who are not ratepayers, can be formalised in business improvement districts.

This file may not be suitable for users of assistive technology. Request a different format.

To request this document in an alternative format such as braille, audio or a different file type please email alternativeformats@communities.gsi.gov.uk quoting your address, telephone number along with the title of the publication ("Property owners and business improvement districts: formalising the role of property owners, who are not ratepayers, in business improvement district schemes"), and its reference (ISBN: 9781409839682).

Contact us by 17 September 2013

Write to us:

email
post
BIDs Team,
Business Rates and Settlement Division
Department for Communities and Local Government
5/D1 Eland House
Bressenden Place
London SW1E 5DU

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