Leading the BID industry
POSTED ON: 01/04/2020
The Coronavirus Act 2020 received Royal Assent on 25th March, having been fast-tracked through parliament. The Act contains ‘emergency powers’ to enable public bodies to respond to the Covid-19 pandemic.
The Act has a section dedicated to Business Improvement Districts. This can be found in Chapter 7, Section 79 and is titled Extension of BID arrangements (England). It should be read in conjunction with The Business Improvement District Regulations (England) 2004. A summary of what the Act means for BIDs follows.
What does the Act mean for BIDs?
(*Note: BIDs affected by these aspects are advised to liaise with their local authority urgently).
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