Blackwell, Martin (2005) A consideration of the UK Government's proposals for business improvement districts in England: issues and uncertainties. Property Management, 23 (3). pp. 194-203. ISSN 0263-7472
Official URL: http://dx.doi.org/10.1108/02637470510603538
Purpose - To provide a critical appraisal of the UK Government's proposals for the introduction of business improvement districts (BIDs) into England considering statute and case law against the proposed regulations, while drawing on the experience of BID models in North America. Design/methodology/approach - The paper analyses the proposed regulations against the existing statute and common law position in England. Findings - The regulations will not levy all hereditaments as stated. The voting and taxation provisions are not defined and transparent in connection with those paying less than full rates. Implications of the House of Lords decision in Edison appear to have been overlooked in the drafting. Research limitations/implications - The paper is specific to the Draft Business Improvement Districts (England) Regulations 2004. The paper identifies key issues for those involved in the local economy and property management in England. It is relevant across jurisdictions to those considering proposals for the implementation of BID schemes. Practical implications - The paper is relevant to those occupiers and owners, and their advisers, who have an interest in property that is, or may be, included in a BID area. Originality/value - The paper considers in an original manner the detailed proposals for the implementation of BIDs in England. It researches a number of areas of concern to those seeking to implement or pay a BID levy. It identifies a number of areas in which the regulations will not achieve the stated aims. Weaknesses in the voting and taxation provisions are identified.
|Uncontrolled Keywords:||Business improvement, Council tax, England, Property finance, Property management|
|Research Community:||University of Westminster > Architecture and the Built Environment, School of|
|Deposited On:||08 Mar 2006|
|Last Modified:||11 Aug 2010 15:30|
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