C4Part II Acquisition, Appropriation and Disposal of Land by Local Authorities and other Public Bodies
C224 Adjustment of accounts on appropriation of land. C1
C31
On an appropriation of land for any purpose by an authority to whom this Part of this Act applies, other than an appropriation falling within the next following subsection, such adjustment shall be made in the accounts of the authority as may be requisite in the circumstances.
2
Where land is appropriated for any purpose by an authority to whom this Part of this Act applies, and—
a
either the land was immediately before the appropriation held by the authority for the purposes of a grant-aided function, or it is appropriated by the authority for the purposes of such a function, and
b
apart from this section, a Minister would by virtue of any enactment have power to direct an adjustment to be made in the accounts of the authority in connection with that appropriation,
such adjustment shall be made in the accounts of the authority as the Minister of Housing and Local Government may direct.
3
The preceding provisions of this section shall have effect in substitution for the provisions of any enactment in force immediately before the commencement of this Act whereby an adjustment is required to be made in the accounts of an authority to whom this Part of this Act applies on an appropriation of land by such an authority.
4
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Pt. II amended by London Government Act 1963 (c. 33), s. 83(1), Sch. 17 para. 20(a)