Assets of community value

What is the community right to bid?

The community right to bid was introduced by Chapter 3 of Part 5 of the Localism Act 2011 (LA 2011) to enable local community groups to nominate buildings or land for listing by the local authority as assets of community value. When buildings or land listed as assets of community value come up for sale or change ownership, a moratorium on the sale of up to six months can be invoked, providing local community groups with an opportunity to bid to buy the asset on the open market.

Importantly, there is no right for the community to buy the

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Powered by Lexis+®
Latest Planning News

Dan Corry’s independent review examines Defra’s regulatory framework

The Department for Environment, Food and Rural Affairs (Defra) has published the findings of Dan Corry’s independent review, which examines whether Defra’s regulatory framework effectively supports economic growth and nature recovery. The review identifies the current system as outdated, inconsistent, and complex, presenting 29 recommendations across five strategic themes. In response, Defra announced plans to expedite the implementation of nine key recommendations, including: (1) appointing a single lead regulator for major infrastructure projects; (2) rapidly reviewing and updating existing environmental compliance guidance; (3) streamlining permit processes, including updating the Environmental Permitting (England and Wales) Regulations 2016, SI 2016/1154; (4) developing a single planning permit portal for all agencies; (5) establishing a new Defra Infrastructure Board; (6) granting increased autonomy to trusted nature conservation and environmental partners; (7) launching an industry-funded Nature Market Accelerator; (8) publishing new strategic policy statements for all regulators, starting with the Environment Agency and Natural England; and (9) introducing a continuous reform programme for specific regulations. Measures involving financial expenditure will be evaluated during the Spending Review, while those requiring legislative changes will be considered within Defra’s broader legislative priorities.

View Planning by content type :

Popular documents