Part I New Towns and Their Development Corporations
Disposal of land by development corporation
18 Disposal to pre-acquisition occupiers.
(1)
In relation to land acquired by a development corporation under this Act, if persons who were living or carrying on business or other activities on land so acquired—
(a)
desire to obtain accommodation on land belonging to the corporation, and
(b)
are willing to comply with any requirements of the corporation as to its development and use,
the corporation’s powers with respect to the disposal of that land shall be exercised as provided in subsection (2) below.
(2)
The corporation’s powers referred to in subsection (1) above shall be so exercised as to secure, so far as practicable, that those persons have an opportunity to obtain such accommodation suitable to their reasonable requirements, on terms settled with due regard to the price at which such land has been acquired from them.
(3)
In the case of a person who was carrying on a business of selling F1alcohol (within the meaning of section 191 of the Licensing Act 2003) by retail on land acquired by a development corporation under this Act, the corporation is not under any duty to afford him an opportunity of obtaining alternative accommodation for such a business.