Part IIIAcquisition of land

38Extinguishment of powers of compulsory purchase of lands or rights

1

The compulsory purchase powers shall cease to have effect if—

a

a period of not less than 3 years beginning with the day on which this Act is passed has expired;

b

none of those powers has been exercised; and

c

after the expiry of the said period of 3 years, a resolution in pursuance of this section is passed by each of the following:—

i

the Council;

ii

the Council of the London borough of Merton; and

iii

the Council of the London borough of Bromley.

2

For the purposes of this section—

a

“compulsory purchase powers” means the powers of the Corporation for the compulsory acquisition of lands or rights under this Part of this Act; and

b

the compulsory purchase powers shall be deemed to have been exercised if notice to treat has been served under those powers in respect of any land or rights.