2SThe qualifying conditions are—
(a)that the planning obligation or modification is enforceable against the seller,
(b)that the buyer is a public body, and
(c)the effective date of the transaction is within the period of 5 years beginning with the date on which the planning obligation was entered into or modified.
Commencement Information
I1 Sch. 15 para. 2 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2