[F1 Disposal of LandS
Textual Amendments
1(1)Subject to sub-paragraphs (2) to (4) below, and without prejudice to any other power it may have to dispose of land under this Act, the development corporation shall dispose of any land which it has acquired—S
(a)which falls within the excluded land; and
(b)which is not required for purposes connected with the development of the new town or for the provision of services for the purposes of the new town.
(2)Subsection (4) of section 18 applies to disposals under this Schedule as it applies to disposals under that section.
(3)A corporation shall comply with such directions as the Secretary of State may give—
(a)for preventing the duty mentioned in sub-paragraph (1) above from being performed; or
(b)for restricting the duty; or
(c)for requiring it to be performed in a manner specified in the directions.
(4)The development corporation shall not, except with the consent of the Secretary of State, dispose of any excluded land otherwise than on the best terms that can reasonably be obtained.
(5)Before giving a direction under sub-paragraph (3) above, the Secretary of State shall consult with the chairman of the corporation, or, if the chairman is not available, with the deputy chairman, unless he is satisfied that because of urgency consultation is impracticable.
(6)A transaction between a person and a development corporation acting in purported exercise of their powers under this Schedule shall not be void by reason only that it was carried out either—
(a)in contravention of a direction given by the Secretary of State under sub-paragraph (3) above, or
(b)without the consent mentioned in sub-paragraph (4) above having been obtained.]