# Greater London Authority Act 1999, Section 333ZC: Disposal etc of land held for housing and regeneration purposes


(1) The Authority may not dispose of land held by it for the purposes of housing or regeneration for less than the best consideration which can reasonably be obtained unless the Secretary of State consents.
(2) Consent under subsection (1)—
(a) may be general or specific;
(b) may be given unconditionally or subject to conditions.
(3) 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.
(4) A disposal of land by the Authority is not invalid merely because any consent required by subsection (1) has not been given.
(5) A person dealing with—
(a) the Authority, or
(b) a person claiming under the Authority,
in relation to any land need not be concerned as to whether any consent required by subsection (1) has been given.

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Source: https://www.legislation.gov.uk/ukpga/1999/29/section/333ZC (the official version)
Page: https://openlegislation.uk/greater-london-authority-act-1999/section-333ZC
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.