http://www.legislation.gov.uk/uksi/2012/2421/schedule/4The 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. The Assets of Community Value (England) Regulations 2012 SCHEDULE 4Regulation 201The Land Registration Rules 2003 are amended as follows.2After rule 27, insert—27A1An owner of listed land who applies for first registration of that land, or where rule 21 applies a mortgagee who makes such an application in the name of the owner, must at the same time apply for entry of a restriction in Form QQ in respect of that land.2Where a person applies for first registration of land and any of the deeds and documents accompanying the application (in accordance with rule 24(1)(c)) includes a conveyance or lease to the applicant or to a predecessor in title made at any time when the land was listed land, the applicant must in respect of each such conveyance or lease provide a certificate by a conveyancer that the conveyance or lease did not contravene section 95(1) of the Localism Act 2011.3In this rule—a“listed land” means land entered in a local authority’s list of assets of community value maintained under section 87(1) of the Localism Act 2011, andb“owner” has the same meaning as in section 107 of the Localism Act 2011, except that it includes a person who would be such an owner but for the effect of section 7(1) and (2) of the Act..3In rule 93—ain paragraph (w), omit the final “and”, andbafter paragraph (x) add—ya local authority where it has entered land, the title to which is registered, in its list of assets of community value which it maintains in accordance with section 87(1) of the Localism Act 2011, and is applying for a restriction in form QQ to be entered in the register for that land, andza mortgagee under a mortgage falling within section 4(1)(g) of the Act who makes an application for first registration under rule 21, where the estate charged relates to land entered in a local authority’s list of assets of community value maintained under section 87(1) of the Localism Act 2011, and is applying for a restriction in Form QQ to be entered in the register of that estate..4In rule 94, after the end of paragraph (10) add—11Where a local authority has entered land in its list of assets of community value which it maintains in accordance with section 87(1) of the Localism Act 2011, an application for a restriction in Form QQ must be made—aif that land includes a registered estate the proprietor of which is an owner as defined in section 107 of that Act, as soon as practicable by the local authority in respect of that registered estate unless there is an existing restriction in Form QQ in respect of that estate, orbif the title to the land is unregistered, where required by rule 27A(1)..5In rule 217(3), for “PP” substitute “QQ”.6In Schedule 4, at the end (after the end of the provision regarding Form PP) add—Form QQ (Land included in a list of assets of community value maintained under section 87(1) of the Localism Act 2011)No transfer or lease is to be registered without a certificate signed by a conveyancer that the transfer or lease did not contravene section 95(1) of the Localism Act 2011. S.I. 2003/1417. Rule 27 was amended by S.I. 2008/1919. Rule 93 was amended by S.I. 2005/1766 and S.I. 2008/1919. Rule 94 was amended by S.I. 2008/1919. Rule 217(3) was amended by S.I. 2008/1919. New text of Schedule 4 was substituted by S.I. 2008/1919, and has subsequently been amended by S.I. 2010/671. Sch. 4 para. 1 in force at 21.9.2012, see reg. 1(1)Sch. 4 para. 2 in force at 21.9.2012, see reg. 1(1)Sch. 4 para. 3 in force at 21.9.2012, see reg. 1(1)Sch. 4 para. 4 in force at 21.9.2012, see reg. 1(1)Sch. 4 para. 5 in force at 21.9.2012, see reg. 1(1)Sch. 4 para. 6 in force at 21.9.2012, see reg. 1(1)