The Business Improvement Districts (Property Owners) (England) Regulations 2014

Schedule 2 to the Business Rate Supplements Act 2009 makes provision for “property owner” business improvement districts (BRS-BID arrangements) as areas within which projects specified in the BRS-BID arrangements are to be carried out for the benefit of that district or those who live, work or carry on any activity in the district. Those projects are to be financed (in whole or in part) by a levy imposed on the persons with a relevant property interest in the district. BRS-BID arrangements may only be established where those entitled to vote approve the BRS-BID proposals. These Regulations make supplemental provision.