SCHEDULES

SCHEDULE 1E+WInformation to be included in a prospectus for a BRS

The projectE+W

1E+WA description of the work to be undertaken in carrying out the project to which the BRS relates.

2E+WA description of any work already undertaken in carrying out the project.

Commencement Information

I2Sch. 1 para. 2 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

3E+WA description of any work undertaken by or on behalf of the levying authority to assess the feasibility of the project, and an explanation of the conclusions that the authority draws from that work.

Commencement Information

I3Sch. 1 para. 3 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

4E+WThe authority's estimate of the total cost of the project.

Commencement Information

I4Sch. 1 para. 4 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

5E+WThe authority's assessment of—

(a)the likely impact of the imposition of the BRS on businesses in the authority's area;

(b)the likely benefits of the project for its area (including in terms of economic development);

(c)the relationship between the information given under paragraph (a) and the information given under paragraph (b).

Commencement Information

I5Sch. 1 para. 5 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

6E+WIf planning permission or any other consent is required for an aspect of the project, information about—

(a)whether the consent has been given, and

(b)if it has, when it was given and how a copy of it (and of the application for it) can be obtained.

Commencement Information

I6Sch. 1 para. 6 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

7E+WA description of the expenditure for which the sums the authority receives in respect of the BRS are going to be used (and, if they are going to be used for only certain aspects of a project, a description of those aspects), and the authority's assessment of the impact of that expenditure on the project.

Commencement Information

I7Sch. 1 para. 7 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

8E+WIf some or all of the sums the authority receives in respect of the BRS are going to be used to make payments in respect of money loaned for the purpose of providing funding for the project, information about—

(a)the amount of money loaned,

(b)the period for which it is loaned,

(c)the other principal terms on which it is loaned (in particular, the rates of interest),

(d)the consequences of making payments in respect of the loan earlier than they are required to be made, and

(e)the arrangements that the authority would make if it thought that it was necessary for the amount of money loaned to be increased or the period for which it is loaned to be extended.

Commencement Information

I8Sch. 1 para. 8 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

9E+WAn explanation of any arrangements that are going to be made under section 3(5), including in particular—

(a)a statement as to which functional body or bodies the arrangements are going to involve, and

(b)a description of the expenditure for which sums that the functional body receives in respect of the BRS are going to be used.

Commencement Information

I9Sch. 1 para. 9 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

10E+WAn explanation of how the authority expects to discharge the duty under section 3(1) by reference to the expenditure described for the purposes of paragraphs 7 to 9.

Commencement Information

I10Sch. 1 para. 10 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2

11E+WThe authority's policy for providing those liable to pay chargeable amounts with information about expenditure incurred and work undertaken on the project (including, in particular, an explanation of how and when such information is to be provided).

Commencement Information

I11Sch. 1 para. 11 in force at 19.8.2009 for E. by S.I. 2009/2202, art. 2