- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
11.—(1) A consent for the purposes of a direction may be given—
(a)in respect of a particular disposal or contract, or in respect of disposals or contracts of any description;
(b)unconditionally or subject to conditions.
(2) The consent required by a direction is in addition to any consent required by any other statutory provision.
(3) Where the consideration or any of the consideration under a contract is not in money, the limits specified in a direction by virtue of section 10(1)(a) to (c) apply to the value of the consideration.
(4) Where—
(a)a question arises in relation to a direction as to the value of any consideration, and
(b)the existing council concerned and the specified statutory transition committee fail to reach agreement,
the value is to be determined by the Department.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: