Sigh of relief for developers — Growth and Infrastructure Act 2013 is now in force
The Growth and Infrastructure Bill has finally been agreed and received Royal Assent as the Growth and Infrastructure Act 2013. The act came into effect immediately so that restrictions are now in place on the making of town or village green (TVG) applications.
The majority of the wrangling between the two houses of parliament related to employee share rights and house extensions. This means that the provisions on village greens remain as reported in our last newsflash. Namely the Act retains the Lords’ amendments to reduce the grace period for making applications after use ceases to be ‘as of right’ down from two years to one year and that there is no two-month transitional period. The restrictions come into effect immediately…
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HMRC has updated Notice 700/56 (the Notice), sections 2 and 17 of which refer to LPA receivers.
The relief is available at the discretion of the relevant local authority under the powers granted to it at section 47 of the Local Government Finance Act 1988.
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