http://www.legislation.gov.uk/ukpga/2011/20/section/86NLocalism 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 Database2026-08-02Expert Participation2026-07-24 Localism Act 2011s. 158(8)-(9B)Housing and Planning Act 2016s. 121(2)(e)s. 216(3) PART 5 Chapter 2A86N1The “preferred community buyer” (if any) for the purposes of this Chapter in relation to land of community value is—athe nominating community group where—ithere is such a group,iithe notice requirement is met, andiiiat the time the notice requirement is met the group is a community interest group, orbwhere there is no group falling within paragraph (a), the alternative community group determined in accordance with section 86P.2If there is no group falling within subsection (1)(a) or (b) in relation to land of community value, there is no preferred community buyer for the purposes of this Chapter in relation to the land.3The “notice requirement” is met if the nominating community group gives written notice of its intention to buy the land to the relevant local authority within the notification period.4In this section—“community interest group” means a person specified, or of a description specified, in regulations made by the Secretary of State;“nominating community group” means a voluntary or community body or parish council on the basis of whose community nomination the land was included in a local authority’s list of community assets;“notification period” is the period of six weeks beginning with the date the nominating community group received the notice given under section 86Q(3).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)