Section 103 — Housing and Planning Act 2016: Housing administrator may sell land free from planning obligations
Text of the provision Official document
Housing administrator may sell land free from planning obligations 103 1 If the housing administrator of a registered provider disposes of land that is the subject of a planning obligation that contains relevant terms, the relevant terms are not binding on the person to whom the land is disposed of or any successor in title.
2 In this section— “ disposes of ”, in relation to land, means sells a freehold or leasehold interest in the land or grants a lease of the land; “ planning obligation ” means a planning obligation under section 106 of the Town and Country Planning Act 1990 (whether entered into before or after this section comes into force); “ relevant terms ” in relation to a planning obligation, means any restrictions or requirements imposed by the planning obligation that are expressed not to apply in the event that the land is disposed of by a mortgagee.
Official source: legislation.gov.uk
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