136 Levy on disposals
Leasehold Reform, Housing and Urban Development Act 1993 (1993 c 28) | Legislation

136  Levy on disposals

(1)     For the purposes of this section a disposal of one or more dwelling-houses by a local authority to any person is a qualifying disposal if—

(a)     it requires the consent of the Secretary of State under section 32 of the 1985 Act (power to dispose of land held for the purposes of Part II), or section 43 of that Act (consent required for certain disposals not within section 32); and

(b)     the aggregate of the following, namely—

(i)     the number of dwelling-houses included in the disposal; and

(ii)     the number of dwelling-houses which, within any relevant period, have been previously or are subsequently disposed of by the authority to that person, or that person and any associates of his taken together,

exceeds 499 or, if the Secretary of State by order so provides, such other number as may be specified in the order.

(2)     In subsection (1) “relevant period” means—

(a)     any period of five years beginning after the commencement of this section and including the date of the disposal; or

(b)     if the Secretary of State by order so provides, any such other period beginning after that commencement and including that date

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