motion_title: New Clause 46: Levelling-up and Regeneration Bill
motion_text: New Clause 46 - Review into business rates system
  (1) The Chancellor of the Exchequer must undertake a review of the business rates system.
  (2) The review must consider the extent to which the business rates system—
  (a) is achieving its objectives,
  (b) is conducive to the achievement of the levelling-up and regeneration objectives of this Act.
  (3) The review must consider whether alternatives of local business taxation would be more likely to achieve the objectives in subsections (2)(a) and (b).
  (4) The review must in particular consider the effects of business rates and alternative local business taxation systems on—
  (a) high streets, and
  (b) rural areas.
  (5) The review must consider the merits of devolving more control over local business taxation to local authorities.
  (6) The Chancellor of the Exchequer must lay a report of the review before Parliament before the end of the period of one year beginning with the day on which this Act is passed.—(Tim Farron.)