Regulation 4 Excluded activities

In Schedule 2—

(a)

before the words “For the purposes”, there shall be inserted the numeral “1.”;

(b)

after the words “regulation 5(1)” there shall be inserted “(a)”; and

(c)

at the end there shall be inserted the following paragraph—

“2

(1)

For the purpose of regulation 5(1)(b), the step is the disposal of land otherwise than by way of a short tenancy—

(a)

for a consideration less than the best that can reasonably be obtained; or

(b)

where the disposal is pursuant to a consent given by the Secretary of State under section 123 (disposal of land by principal councils) of the Local Government Act 1972 (“the 1972 Act”), otherwise than in accordance with that consent.

(2)

In sub-paragraph (1), “short tenancy” has the same meaning as it has for the purposes of section 123 of the 1972 Act.”^f1.

Annotations

Footnotes

f1: 1972 c. 70; section 123 was amended by the Local Government, Planning and Land Act 1980 (c. 65), Schedule 23, paragraphs 14 and 15 and by the Local Government and Housing Act 1989, Schedule 12, Part I and S.I. 1990/431. Section 123 of the 1972 Act was applied to the Council of the Isles of Scilly by S.I. 1 978/1 844, article 6(2).