Moved by
Lord Kennedy of Southwark
14: After Clause 3, insert the following new Clause—
“Assessment of rate relief: reporting
(1) The Secretary of State must, within the period of 12 months beginning with the day on which this Act has effect, lay a report before both Houses of Parliament containing an assessment of the operation of the relief provided under this Act in the 2017-18 financial year.
(2) The report must include an account of—
(a) the impact of the relief upon the level of local authority income raised through non-domestic rating;
(b) the level of investment likely to have been stimulated by the relief, and the scope for extending the relief to other forms of investment;
(c) whether the duration of the relief is appropriate;
(d) the views of those subject to the charges of non-domestic rates on the relief; and
(e) the efficacy of the mechanism for the distribution of the relief.”