Full rates warning; BUSINESS.BUSINESS chiefs today warned that new legislation governing gov·ern v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. void premises could affect future regeneration Regeneration (biology) The process by which an animal restores a lost part of its body. Broadly defined, the term can include wound healing, tissue repair, and many kinds of restorative activities. schemes. The Empty Building Rates legislation, due to come into force on April 1, will force landlords and developers to pay full rates on empty or yet to be leased properties. John de Kanter, chief executive of investment agency InStaffs, fears the new law will dampen enthusiasm for schemes in Staffordshire. He said it was now important for the public and private sectors to forge forge Open furnace for heating metal ore and metal for working and forming, or a workshop containing forge hearths and related equipment. From earliest times, smiths (see smithing) heated iron in forges and formed it by hammering on an anvil. even stronger working relationships. "This is one of the biggest changes to hit the market place in years and, as an area, we need to make sure we are prepared and ready to work with it," he added. "Previously, when a property first becomes unoccupied, a three month void period applies where no rates are payable." CAPTION(S): FEARS... John de Kanter, chief executive of InStaffs. |
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