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Local Government (Business Improvement Districts) Act 2006

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Number 42 of 2006

LOCAL GOVERNMENT (BUSINESS IMPROVEMENT DISTRICTS) ACT 2006

ARRANGEMENT OF SECTIONS

Section

1. Definition.

2. Amendment of section 2 (interpretation) of Principal Act.

3. Amendment of section 97 (the local fund) of Principal Act.

4. Amendment of section 121 (consideration of annual financial statement and auditor’s report) of Principal Act.

5. Amendment of section 122 (audit committee) of Principal Act.

6. Business Improvement Districts.

7. Entry year property levy.

8. Amendment of section 56 (power to limit rates income) of Valuation Act 2001.

9. Short title, construction, collective citation and commencement.

Acts Referred to

Local Government Act 2001

2001, No. 37

Local Government Acts 1925 to 2004

Valuation Act 2001

2001, No. 13

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Number 42 of 2006

LOCAL GOVERNMENT (BUSINESS IMPROVEMENT DISTRICTS) ACT 2006

AN ACT TO PROVIDE FOR THE ESTABLISHMENT OF BUSINESS IMPROVEMENT DISTRICTS WITHIN THE FUNCTIONAL AREAS OF RATING AUTHORITIES, TO ENABLE SCHEMES UNDER WHICH PROJECTS, SERVICES AND WORKS ARE CARRIED OUT FOR THE BENEFIT OF THOSE DISTRICTS, TO FINANCE THE SCHEMES BY PROVIDING FOR THE IMPOSITION AND COLLECTION OF A LEVY ON RATEABLE PROPERTIES SITUATED IN THOSE DISTRICTS, TO IMPROVE LOCAL AUTHORITY FUNDING BY PROVIDING FOR THE IMPOSITION AND COLLECTION OF LEVIES APPLICABLE IN RELATION TO NEWLY CONSTRUCTED PROPERTIES, TO MAKE NEW PROVISION IN RELATION TO AUDIT COMMITTEES OF LOCAL AUTHORITIES, TO AMEND THE LOCAL GOVERNMENT ACTS 1925 TO 2004 FOR ALL SUCH PURPOSES, TO AMEND THE VALUATION ACT 2001, AND TO PROVIDE FOR RELATED MATTERS.

[24th December, 2006]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: