Disposal of land by the ExecutiveN.I.
88.—(1) The Executive may, in accordance with this Article, dispose of any land held by it.
(2) The Executive shall not dispose of any land at a consideration other than the best consideration that can reasonably be obtained, having regard to any covenants and conditions imposed by the Executive in relation to that land, except with the consent of the Department.
[F1(2A) The Executive may recover from any person the administrative expenses (including legal and other professional expenses) incurred by it in connection with the disposal of land.
(2B) The power under paragraph (2A) is subject to a duty to secure that, taking one financial year with another, the income from charges under that paragraph does not exceed the costs of provision.]
(3) Sections 128 to 132 of the Land Clauses Consolidation Act 1845 [1845 c.18] (sale of superfluous land) shall not apply in relation to any land disposed of by the Executive.
F1Art. 88(2A)(2B) inserted (29.4.2014) by Financial Provisions Act (Northern Ireland) 2014 (c. 6), ss. 9, 13(1)