The Local Authorities (Rental Auctions) (England) and Town and Country Planning (General Permitted Development) (Amendment) Regulations 2024
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Change 1
11 Rental auction: the successful bidder
(1) The landlord may choose to accept any of the valid bids as the successful bid. (2) The landlord must serve notice on the local authority of the successful bidder before the end of two working days after the day on which the landlord received the late bids, or the notice, referred to in regulation 10(7). (3) If the landlord fails to serve notice as required by paragraph (2), the local authority may choose not to accept any bid offered. (4) If the local authority choose to accept a bid, it must choose the bidder offering the highest annual rental value for the premises as the successful bidder, unless paragraph (5) applies. (5) If it appears to the local authority that it is not reasonably practicable to enter into a contract with the successful bidder chosen under paragraph (1) or (4), the local authority may choose the bidder offering the highest annual rental value for the premises with whom it is reasonably practicable to enter into a contract as the successful bidder.
11 Rental auction: the successful bidder
(1) The landlord may choose to accept any of the valid bids as the successful bid. (2) The landlord must serve notice on the local authority of the successful bidder before the end of two working days after the day on which the landlord received the late bids, or the notice, referred to in regulation 10(7). (3) If the landlord fails to serve notice as required by paragraph (2), the local authority may choose not to accept any bid offered. (4) If the local authority choose to accept a bid, it must choose the bidder offering the highest annual rental value for the premises as the successful bidder, unless paragraph (5) applies. (5) If it appears to the local authority that it is not reasonably practicable to enter into a contract with the successful bidder chosen under paragraph (1) or (4), the local authority may choose the bidder offering the highest annual rental value for the premises with whom it is reasonably practicable to enter into a contract as the successful bidder.
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