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In section forty-seven, for subsection (2) there shall be substituted the following subsection:—
“(2)Land shall not, except with the consent of the Minister, be sold, exchanged or leased under this section for a price, consideration or rent less than the best price, best consideration or best rent (as the case may be) that can reasonably be obtained, having regard to any restrictions or conditions (including conditions as to payment or the giving of security for payment) subject to which it is sold, exchanged or let.”
In the Second Schedule, in the proviso to sub-paragraph (1) of paragraph 2, for the words " the difference between " there shall be substituted the words " the amount (if any) by which ", and for the word " and", where it occurs immediately before the words " the site value ", there shall be substituted the word " exceeds ".
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