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[F1A15(1)Where the authority give the trustees notice of their objection to the disposal in accordance with paragraph A14(9)(a), the trustees or the authority may refer the matter to the adjudicator for a determination by him as to whether he approves the disposal.
(2)Where the authority give the trustees notice of their objection to the proposed use of the publicly funded proceeds of disposal in accordance with paragraph A14(9)(b), the relevant capital expenditure upon which those proceeds are to be used is to be determined—
(a)by agreement between the trustees and the authority, or
(b)by the adjudicator where—
(i)the trustees or the authority refer the matter to him for determination, and
(ii)by the time of his determination the matter has not been determined by agreement between the trustees and the authority.
(3)Where the authority give the trustees notice of their claim to the whole or a part of the publicly funded proceeds of disposal in accordance with paragraph A14(9)(c), the amount of those proceeds which it is appropriate for the trustees or their successors to pay to the authority (the “appropriate amount”) is to be determined—
(a)by agreement between the trustees and the authority, or
(b)by the adjudicator where—
(i)the trustees or the authority refer the matter to him for determination, and
(ii)by the time of his determination the matter has not been determined by agreement between the trustees and the authority.
(4)Before making a reference to the adjudicator under sub-paragraph (1), (2)(b) or (3)(b), the trustees or, as the case may be, the authority, must give the other notice of their intention to make the reference.
(5)On a reference under sub-paragraph (1), (2)(b) or (3)(b), the adjudicator may determine the proportion (if any) of the proceeds of disposal that are or will be the publicly funded proceeds of disposal.
(6)In the application of this paragraph in the case of a disposal of land to which sub-paragraph (1), (2) or (3) of paragraph A13 applies by virtue of sub-paragraph (7) of that paragraph, sub-paragraph (2) is modified as follows—
(a)for “proposed use of the publicly funded proceeds of disposal” substitute “proposed purposes for which the land is to be used”, and
(b)for “relevant capital expenditure upon which those proceeds are to be used is” substitute “purposes for which the land is to be used are”.]
Textual Amendments
F1Sch. 22 Pt. A1 inserted (25.5.2007) by Education and Inspections Act 2006 (c. 40), s. 188(3), Sch. 4 para. 2; S.I. 2007/935, art. 7(p)
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