Regulation 92 Disposal of land for developmentI1
England and Wales Not yet in force
For the purposes of regulation 86, a disposal of a relevant interest in land shall be a relevant disposal if the disposal meets the condition specified in regulation 84, and—
on 26th November 1996, the land had the benefit of a planning permission granted on or after 26th November 1994 for use as shops or offices or for any of the purposes mentioned in regulations 89 and 90;
the planning permission granted for the benefit of the land is for an unlimited period or a period of not less than five years;
there has not been situated on the land, at any time within a period of five years ending on the date of the disposal, any building built or adapted for use as separate units for industrial purposes; and
if, on the date of the disposal, the land is in use for any purpose other than use as shops or offices or a purpose mentioned in regulation 89 or 90, that use is authorised by a planning permission granted for a period of not more than five years.
Annotations
Commencement
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Reg. 92 in force at 1.4.1997, see reg. 1(1)(b)