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Prospective
(1)This section applies where—
(a)CLA regulations provide that a local planning authority which is to prepare a local plan may put in place a community land auction arrangement in relation to that plan,
(b)the local planning authority resolves to do so (and that resolution has not been rescinded), and
(c)the community land auction arrangement has not come to an end.
(2)The local plan may only allocate land in the authority’s area for development—
(a)if the land is subject to a CLA option or a CLA option has already been exercised in relation to it, or
(b)in circumstances which are prescribed by CLA regulations.
(3)Any financial benefit that the local planning authority has derived, or will or could derive, from a CLA option may be taken into account—
(a)in deciding whether to allocate land which is subject to the option, or in relation to which the option has been exercised, for development in the local plan;
(b)in deciding whether the local plan is sound in an examination under Part 2 of PCPA 2004.
(4)CLA regulations may make provision about how, or to what extent, any financial benefit may be taken into account under subsection (3) (including provision about how any financial benefit is to be weighed against any other considerations which may be relevant to whether the land should be allocated for development in the local plan or to whether the plan is sound).
(5)References in this section to a local plan do not include references to a joint local plan (but see section 147 in relation to the application of this Part in relation to joint local plans).
Commencement Information
I1S. 142 not in force at Royal Assent, see s. 255(4)
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