The levy will be implemented on 1 October 2014 and apply to all licensed premises which sell alcohol between midnight and 6am.
There will be no exemptions, but a 30% discount will be granted to premises that have shown they operate at the standard required to achieve the City of London ‘Safety Thirst’ award, which is given to pubs and clubs “who make safety a priority”.
Poppleston Allen partner Clare Eames said premises licence holders will have until 1 July to submit a minor variation application to reduce their alcohol sale hours to before midnight free-of-charge, if they do not want to face paying the fee.
The Association of Licensed Multiple Retailers tweeted their disappointment at the decision:
The licensing committee unanimously recommended a levy during a 30-minute discussion at a hearing in April, after the authority consulted on the fee twice in five months.
Of the 747 licensed premises in the borough, the council’s LNL report estimates that 290 premises will have to pay the fee if no exemptions or reductions are permitted, which would raise a total income of £475,000.