Business Rate Supplements Bill

Clause 14: Chargeable amount: supplementary Amendment 48A 48A: Clause 14, page 11, line 5, at end insert— "(8A) No later than five years after the date on which this section comes into force and, after then, at intervals no shorter than five years, the Secretary of State shall publish a report following a review carried out by him of the upper limit of the multipliers set out in subsections (6) and (7). (8B) When carrying out a review under subsection (8A), the Secretary of State shall consult— (a) levying authorities; (b) such representatives of local government as appear to him to be appropriate; and (c) such organisations representing businesses as he thinks fit. (8C) If, in a report published under subsection (8A), the Secretary of State concludes that the upper limit of a multiplier should be varied, he may by regulations amend subsections (6) and (7) by varying the upper limit."