1. That the content of the report be noted.
2. That approval be given for the Retail Rate Relief to be increased to up to £1,500 for 2015/16 for all occupied retail properties with a rateable value of £50,000 or less (as per the policy). Such increase to apply from 1 April 2015 to 31st March 2016.
3. That approval be given for the Transitional Relief scheme, to apply from 1 April 2015 to 31st March 2017.
4. That the existing National Non-Domestic Rates (NNDR) Discretionary Rate Relief Policy be amended as set out at Appendix 1 to the report to reflect the increased Retail Rate Relief amount and introduction of the Transitional Relief scheme.