Decision Taken By: CABINET MEMBER FOR Finance, Innovation and Property
Decision No: D130092MEM
Date: 24th July 2013
Decision(s) and Reason(s)
Business Rates - Technical Consultation in Respect of New Build, Empty Property
Minutes
The report gave details of a recent consultation from the Department for Communities and Local Government on a proposal to exempt all newly built commercial property completed between 1 October 2013 and 30 September 2016 from empty property rates for the first 18 months. Consideration was given to a suggested response to be submitted by the 26 July deadline.
Following consideration by the Finance, Innovation and Property Advisory Board, the Cabinet Member for Finance, Innovation and Property resolved that:
The Director of Finance and Transformation be authorised to respond to the consultation paper on the basis set out at paragraph 1.2.5 of the report.
Reasons: As set out in the report submitted to the Finance, Innovation and Property Advisory Board of 24 July 2013.
Signed M Coffin (Cabinet Member for Finance, Innovation and Property)
Signed Leader: N Heslop
Signed Chief Executive: J Beilby
Date of Publication: 26 July 2013
This decision will come into force and may then be implemented on the expiry of 5 working days after publication unless it is called in.