Property Owner Business Improvement Districts
The Business Improvement Districts (Property Owners) (England) Regulations 2014 were signed on 1 December 2014 and came into force on 2 December 2014.
The regulations stem from powers conferred by the Business Rates Supplement Act 2009 and allow for property owner Business Improvement Districts to be promoted where a Business Rate Supplement and a ratepayer Business Improvement District are in place (currently only in London).