Common use of PERSONS / ORGANISATIONS LIABLE FOR THE BID LEVY Clause in Contracts

PERSONS / ORGANISATIONS LIABLE FOR THE BID LEVY. 3.1 The BID Levy will be a daily charge. 3.2 Liability for the daily BID Levy will fall on the Occupier of the Hereditament on the particular day. For this purpose ‘Occupier’ shall have the same meaning as under s65 of the Local Government Finance Xxx 0000 (“the 1988 Act”) 3.3 If a Hereditament is Unoccupied, the liability for the daily BID Levy will fall on the organisation/person entitled to possession on the particular day. For this purpose ‘Unoccupied’ will have the same meaning as in Part III of the 1988 Act and ‘entitled to possession’ will have the same meaning as in Part III of that Act.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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PERSONS / ORGANISATIONS LIABLE FOR THE BID LEVY. 3.1 The BID Levy Xxxx will be a daily chargecharge but levied as a single, annual payment. 3.2 Liability for the daily BID Levy levy will fall on the Occupier of the Hereditament hereditament on the particular relevant day. For this purpose purpose, ‘Occupier’ shall have the same meaning as under s65 s65(2) of the Local Government Finance Xxx 0000 Act 1988 (the 1988 Act”) 3.3 If a Hereditament hereditament is Unoccupiedunoccupied, the liability for the daily BID Levy levy will fall on the organisation/person organisation /person entitled to possession on the particular relevant day. For this purpose purpose, 'unoccupied' and Unoccupiedentitled to possessionwill shall have the same meaning meanings as in Part III of the 1988 Act and ‘entitled to possession’ Act 3.4 A BID levy for a chargeable period will have be payable annually in advance, upon the same meaning as in Part III service of that Acta demand notice.

Appears in 1 contract

Samples: Operating Agreement

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