http://www.legislation.gov.uk/uksi/2012/2421/regulation/3The Assets of Community Value (England) Regulations 2012Local governmentenLOCAL GOVERNMENT, ENGLANDStatute Law Database2026-06-11Expert Participation2017-04-06 Chapter 3 of Part 5 of the Localism Act 2011 (“the Act”) makes provision for England and Wales in relation to assets of community value, and includes powers for the Secretary of State to make further detailed provision in relation to England. These Regulations, which apply to England only, contain those details and come into force at the same time as commencement of Chapter 3, Part 5 of the Act, to give effect to the assets of community value scheme. Land which may not be listed3A building or other land within a description specified in Schedule 1 is not land of community value (and therefore may not be listed).Reg. 3 in force at 21.9.2012, see reg. 1(1)