Part 1The Homes and Communities Agency

C2Chapter 2Land and infrastructure

Annotations:
Modifications etc. (not altering text)

Powers to deal with land etc.

I1C2C110C2Restrictions on disposal of land

1

The HCA may not dispose of land for less than the best consideration which can reasonably be obtained unless the Secretary of State consents.

2

Subsection (1) does not apply to a disposal by way of a short tenancy if the disposal consists of—

a

the grant of a term of not more than 7 years, or

b

the assignment of a term which, at the date of assignment, has not more than 7 years to run.

3

The HCA may not dispose of land which has been compulsorily acquired by it under this Part unless the Secretary of State consents.

4

Subject as above, the HCA may dispose of land held by it in any way it considers appropriate.