EZs

EZs
England, Wales
Former special zone introduced by the Government in the United Kingdom in 1980 to encourage industrial and commercial activity, usually in economically-depressed areas. Under the Local Government, Planning and Land Act 1980, local authorities could designate land within their areas as EZs. In total, 38 enterprise zones were designated between 1981 and 1996. Each zone was normally designated for a fixed life of ten years and the final designations came to an end in 2006.
EZs were a government experiment to see to what extent the relaxation of planning control, exemption from non-domestic rates and certain other fiscal incentives, could help with the regeneration of run-down and derelict urban areas.
EZs provided a number of benefits to the developers, investors and occupiers of industrial and commercial properties, including:
• Exemption from business rates for industrial and commercial premises.
• Simplified planning procedures, whereby planning permission was not required for new developments provided that they complied with the published planning scheme for the zone. These differed slightly from one zone to another, for example in respect of the amount of retail development that would be permitted.
• Exemption from industrial training levies.
• Faster processing of applications for firms requiring warehousing free of Customs duties.
• 100% tax allowances for capital expenditure on constructing, improving or extending commercial or industrial buildings.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • EZS — easyJet …   Deutsch Wikipedia

  • EZS —   Sigles d’une seule lettre   Sigles de deux lettres > Sigles de trois lettres   Sigles de quatre lettres   Sigles de cinq lettres   Sigles de six lettres   Sigles de sept… …   Wikipédia en Français

  • EZS — Elazig, Turkey (Regional » Airport Codes) * Saginaw Valley State University, University Center, Michigan Library code (Academic & Science » Libraries) …   Abbreviations dictionary

  • EZS — Elazig, Turkey internationale Flughafen Kennung …   Acronyms

  • EZS — Elazig, Turkey internationale Fughafen Kennung …   Acronyms von A bis Z

  • EZS — abbr. The Easy (=EZ) Stuff …   Dictionary of abbreviations

  • Empowerment zone — The Empowerment Zone Program consists of three congressional designations [Public Law 103 66; Regulation [http://www.rurdev.usda.gov/rbs/ezec/About/ruralregs.html 7 CFR 25] ] . The Renewal Communities (RCs), Empowerment Zones (EZs) and Enterprise …   Wikipedia

  • Renewal community — Renewal Communities (RCs) and Empowerment Zones (EZs) are distressed urban and rural communities where qualifying businesses are eligible for billions of dollars in tax incentives. The Departments of Housing and Urban Development (HUD) and… …   Wikipedia

  • Europäisches Zentrum für Sprachwissenschaften — Das Europäische Zentrum für Sprachwissenschaften (EZS) ist eine Kooperation des Instituts für Deutsche Sprache in Mannheim (IDS) und der Ruprecht Karls Universität Heidelberg.[1] Inhaltsverzeichnis 1 Ziele 2 Arbeitsgebiete 3 Weblinks …   Deutsch Wikipedia

  • Enterprise Zones — (EZs) England, Wales Former special zone introduced by the Government in the United Kingdom in 1980 to encourage industrial and commercial activity, usually in economically depressed areas. Under the Local Government, Planning and Land Act 1980,… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”