Regulation 108 Disposal of land to another local authorityI1

England and Wales Not yet in force

In the case of non-monetary consideration received in repect of a disposal of an interest in land (“the land”) to another local authority, the amount falling to be set aside under section 61(4) in respect of the consideration shall be nil where—

(a)

the consideration consists of an interest in other land which the authority have decided to use for a purpose specified in any of the categories 2 to 10 of Schedule 1 to these Regulations, or for the purposes of the fire service, or for the purposes of Part II of the Housing Act 1985; and

(b)

at the time of that decision, the land—

(i)

was in use for a purpose specified in any of the categories 2 to 10 of that Schedule, or for the purposes of the fire service;

(ii)

was a defective dwelling within the meaning given to that expression in Part XVI of the Housing Act 1985 (assistance for owners of defective housing); or

(iii)

had not been used for the purpose for which it was held by the authority at any time during the period beginning two years before the date of that decision.

Annotations

Commencement

I1: Reg. 108 in force at 1.4.1997, see reg. 1(1)(b)