xmlns:atom="http://www.w3.org/2005/Atom"

Disposal of property and requirement for further offer notice

9.—(1) Where an owner has served an offer notice and the recipient—

(a)has not served either an acceptance notice or a rejection notice within 8 weeks from the date of receipt of the offer notice; or

(b)has served a rejection notice,

then, subject to paragraph (2), the owner may dispose of the property as the owner sees fit; and these Regulations will not apply to any subsequent disposal of the property by the owner.

(2) If after the expiry of the period of 12 months, as determined in accordance with paragraphs (3) or (4) as appropriate, the owner retains the interest in the property, these Regulations apply if there is to be a disposal of a kind described in regulation 2(1).

(3) In the circumstances referred to in paragraph (1)(a), the 12 month period begins the day after the expiry of the 8 week period.

(4) In the circumstances referred to in paragraph (1)(b), the 12 month period begins the day after that on which the rejection notice is served.