New Towns (Scotland) Act 1968
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Change 1
18B Disposal of land to comply with direction under s. 18A.
(1) Where, in order to comply with a direction under section 18A above, the corporation considers it desirable to dispose of any land, it may do so by virtue of this section. (2) The power of disposal by virtue of this section may be exercised notwithstanding anything in this Act but must be exercised in accordance with subsections (3) and (4) below. (3) The power shall not be exercised so as to dispose of land by way of standard security or charge. (4) In exercising the power a corporation shall comply with such directions as the Secretary of State may give to it— (a) for restricting the exercise of the power; or (b) for requiring the power to be exercised in any manner specified in the directions. (5) Before giving a direction under subsection (4) above the Secretary of State shall consult the corporation unless he is satisfied that because of urgency consultation is impracticable. (6) Where a corporation purports to dispose of land by virtue of this section, then— (a) in favour of a person claiming under the corporation, the disposal so purporting to be made shall not be invalid by reason that any direction of the Secretary of State given under this section has not been complied with; and (b) a person dealing with or claiming under the corporation shall not be concerned to see or enquire whether any direction has been given or complied with. (7) References in this section to disposing of land include references to granting an interest in or over land.
18B Disposal of land to comply with direction under s. 18A.
(1) Where, in order to comply with a direction under section 18A above, the corporation considers it desirable to dispose of any land, it may do so by virtue of this section. (2) The power of disposal by virtue of this section may be exercised notwithstanding anything in this Act but must be exercised in accordance with subsections (3) and (4) below. (3) The power shall not be exercised so as to dispose of land by way of standard security or charge. (4) In exercising the power a corporation shall comply with such directions as the Secretary of State may give to it— (a) for restricting the exercise of the power; or (b) for requiring the power to be exercised in any manner specified in the directions. (5) Before giving a direction under subsection (4) above the Secretary of State shall consult the corporation unless he is satisfied that because of urgency consultation is impracticable. (6) Where a corporation purports to dispose of land by virtue of this section, then— (a) in favour of a person claiming under the corporation, the disposal so purporting to be made shall not be invalid by reason that any direction of the Secretary of State given under this section has not been complied with; and (b) a person dealing with or claiming under the corporation shall not be concerned to see or enquire whether any direction has been given or complied with. (7) References in this section to disposing of land include references to granting an interest in or over land.
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