Part 1Structural and boundary change in England
Chapter 2Control of disposals etc
27Consideration to be taken into account for purposes of direction
(1)
In determining whether the limit specified in a direction by virtue of section 24(1)(a) is exceeded in the case of a disposal of land by a relevant authority, the consideration with respect to any other disposal of land made after 31 December 2006 by the relevant authority is to be taken into account.
(2)
In determining whether a limit specified in a direction by virtue of section 24(1)(b) or (c) is exceeded in the case of a contract entered into by a relevant authority (“the contract in question”), the consideration payable by the relevant authority under any other relevant contract shall be taken into account.
(3)
For the purposes of subsection (2) a “relevant contract” means a contract which is either or both—
(a)
a contract entered into after 31 December 2006 by the relevant authority and the person with whom the contract in question is entered into;
(b)
a contract entered into after that date by the relevant authority which relates to the same or a similar description of matter as that to which the contract in question relates.