Assets of Community Value

2 June 2014

Yvonne Cutler-Greaves

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Localism Act 2011

• Community Right to Nominate

• opportunity to nominate an asset (building/land)

• listed by the local authority as an Asset of Community Value

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What does it mean to you

Should a listed asset come up for disposal it provides:

• Six month delay in the disposal process (moratorium)

– to allow the nominating/community group time

– to prepare a proposal

– to raise funds to purchase the asset at market value

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Key facts

• there is no obligation for the nominating/community group to make a bid

• the owner is under no obligation to sell to the nominating/community group

• the owner can sell to the nominating/community group within the six month moratorium period

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Assets defined

The Act defines an eligible asset in terms of:

• Purpose – use in the past present and future not the nature, historical or architectural merit

• Location – within the local planning authority area

• Ownership – all ownership whether private or public, single or multiple owners

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Community value

Furthers the Social wellbeing, cultural, recreational or sporting interests of the local community

• currently

• previously

• potentially in future

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Types of assets

Could include:

–Parks and open green spaces

–Sports and leisure centres

–Libraries

–Community centres

–Town, civic and guild halls

–Pubs

–Village shops

–Public toilets

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Who can nominate

Must demonstrate local connection

• Town and Parish Councils

• unincorporated bodies with at least 21 local members

• community interest companies

• charities

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The process

• nomination – nomination form

• validation and decision- eight weeks

• inclusion on the Asset of Community Value List for five years

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Disposal

• interim moratorium – 6 weeks– decision to bid/not to bid

Decision to bid:

• moratorium – 6 months– the owner is not allowed to sell the asset

during this period

– the community group have time to raise the funds to purchase the asset

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Review and Appeal

Review

• the owner has the right to request a review against the listing decision

• review must take place within – eight weeks

Appeal

• the owner has the right to appeal against the review decision to the First Tier Tribunal

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Find out more

South Oxfordshire District Council

http://www.southoxon.gov.uk/services-and-advice/community-advice-and-support/assets-community-value

Vale of Whitehorse District Council

• http://www.whitehorsedc.gov.uk/services-and-advice/community-advice-and-support/assets-community-value

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Questions

Questions

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Thank you

For more information

Yvonne.cutlergreaves

@southandvale.gov.uk