§ Mr. RichardsTo ask the Secretary of State for Wales what plans he has to introduce an incentive for local authorities to notify the Valuation Office of new non-domestic property in their area to ensure that rating lists are kept up to date.
§ Mr. David HuntI am introducing arrangements which will allow billing authorities to retain until the end of the year the benefit of any additional rates they collect when non-domestic property is improved or first included in the rating list. This change should give authorities more incentive to notify the Valuation Office quickly of any new or improved property in their area. The new provisions will be made in regulations which will be laid shortly and will apply from 1 April 1993.