To ask the Secretary of State for Wales (1) if he will make it his policy that the timetable for implementation of the subsidiary legislation giving effect to part V of the Local Government and Housing Act 1989 in respect of Wales should allow adequate time for local
rateable value of the domestic premises, (ii) the yield from that rate and (iii) the estimated yield from a 1 per cent. levy on the capital value of the housing stock in 1988 and 1989.
Information for Wales and each district for 1989 is shown in the following table. The estimated yield from a 1 per cent. levy on the capital value of the housing stock in 1988 and 1989 is not available.authorities to assess the nature of their relationship with companies and make necessary adjustments in the light of the subsidiary legislation;(2) whether he will make it his policy to allow a period of six months between the publication of the subordinate legislation giving effect to part V of the Local Government and Housing Act 1989 in Wales and the date from which such subsidiary legislation takes effect.
The implementation timetable will provide adequate time for local authorities to assess the implications of the controls on local authority companies. Part V of the 1989 Act defines a company and also specifies the tests which apply in establishing a local authority's relationship with companies for the purposes of the new regulatory system. The provisions are explained in greater detail in a consultation paper issued to local authorities in Wales last October.