Part 1The Homes and Communities Agency
Chapter 2Land and infrastructure
Powers to deal with land etc.
I110Restrictions on disposal of land
1
The HCA may not dispose of land for less than the best consideration which can reasonably be obtained unless the Secretary of State consents.
2
Subsection (1) does not apply to a disposal by way of a short tenancy if the disposal consists of—
a
the grant of a term of not more than 7 years, or
b
the assignment of a term which, at the date of assignment, has not more than 7 years to run.
3
The HCA may not dispose of land which has been compulsorily acquired by it under this Part unless the Secretary of State consents.
4
Subject as above, the HCA may dispose of land held by it in any way it considers appropriate.