http://www.legislation.gov.uk/ukpga/2011/20/section/86MLocalism Act 2011An Act to make provision about the functions and procedures of local and certain other authorities; to make provision about the functions of the Commission for Local Administration in England; to enable the recovery of financial sanctions imposed by the Court of Justice of the European Union on the United Kingdom from local and public authorities; to make provision about local government finance; to make provision about town and country planning, the Community Infrastructure Levy and the authorisation of nationally significant infrastructure projects; to make provision about social and other housing; to make provision about regeneration in London; and for connected purposes.texttext/xmlenStatute Law Database2026-07-05Expert Participation2026-06-29 Localism Act 2011s. 158(8)-(9B)Housing and Planning Act 2016s. 121(2)(e)s. 216(3) PART 5 Chapter 2A86M1The owner of land of community value must give the relevant local authority written notice of the owner’s wish to enter into a relevant disposal of the land.2A notice under subsection (1) must identify the estate or estates in land which is or are to be disposed of or granted or assigned by the relevant disposal (“the relevant estate in land”).3Where a notice is given under subsection (1), the owner must not enter into a relevant disposal of the land unless the disposal—ais of the relevant estate in land, andbis to the preferred community buyer.4Subsection (3) does not apply or ceases to apply if—athere is no preferred community buyer (see section 86N(2)),bthe relevant local authority has determined that the preferred community buyer does not meet the progress requirements after any of the review periods (see section 86U), orcthe preferred community buyer—idoes not offer to buy the relevant estate in land at the price agreed with the owner by the end of the negotiation period (see section 86S(4)), andiidoes not offer to buy the relevant estate in land at the value price by the end of the offer period (see section 86T(8)).5Where a case falls within any of subsections (4)(a) to (c)—athe owner may enter into a relevant disposal of the land to any person within the permitted sale period;bif no such disposal is entered into within that period, a new notice must be given in accordance with subsection (1) if the landlord wishes to enter into a relevant disposal of the land after that period.6In this section, “permitted sale period” in relation to a relevant disposal of land, means the period of 18 months beginning with the date on which the notice of a wish to enter into a relevant disposal was given under subsection (1).Pt. 5 Ch. 2A inserted (29.4.2026 for specified purposes) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(6), Sch. 31 para. 1 (with Sch. 31 para. 2)