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The Assets of Community Value (England) Regulations 2012

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Assets of Community Value (England) Regulations 2012 No. 2421

This section has no associated Explanatory Memorandum

3.  In rule 93(1)—

(a)in paragraph (w), omit the final “and”, and

(b)after paragraph (x) add—

(y)a local authority where it has entered land, the title to which is registered, in its list of assets of community value which it maintains in accordance with section 87(1) of the Localism Act 2011, and is applying for a restriction in form QQ to be entered in the register for that land, and

(z)a mortgagee under a mortgage falling within section 4(1)(g) of the Act who makes an application for first registration under rule 21, where the estate charged relates to land entered in a local authority’s list of assets of community value maintained under section 87(1) of the Localism Act 2011, and is applying for a restriction in Form QQ to be entered in the register of that estate..

(1)

Rule 93 was amended by S.I. 2005/1766 and S.I. 2008/1919.

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