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Assets of Community Value - A Guide

Introduced by the Localism Act 2011, this provides a new right for parish councils and voluntary and community groups with a local interest to nominate certain local public or privately owned buildings or land as assets of community value.

Qualifying Bodies

The following types of organisation can apply:

  • Parish Councils

    • The parish council in respect of land in the parish council's area,

  • Unincorporated groups - Membership of at least 21 local people who appear on the electoral roll within the local authority or a neighbouring local authority. Please note that by law, to qualify as an unincorporated body, the following must be satisfied:

    • Members of the body must include at least 21 individuals
    • The body does not distribute any surplus it makes to members
    • Any surplus the body does make is wholly or partly applied for the benefit of this Council's area or the area of a neighbouring authority
    • Members must be 'local members' who are each registered at an address in the Council's area or in a neighbouring council's area as a local government elector, in the register of local government electors kept in accordance with the Representation of People Acts.

Please note that your Request Form should be accompanied by supporting evidence of the above and checks on this Council's and any neighbouring council's electoral register will be made.  Should this information not be provided, be unavailable or incorrect, your Request will not be deemed as a valid application. 

  • Neighbourhood forums - Only one forum per area
  • Community interest groups with one or more of the following structures:
    • A charity
    • A community interest company
    • A company limited by guarantee which does not distribute any surplus it makes to its members
    • An industrial and provident society which does not distribute any surplus it makes to its members.

What Happens?

  • Once an asset is listed, the owner cannot dispose of it other than to a community interest group, without the community having six months to put together a bid to buy the asset.
  • The owner of the asset does not have to sell and can appeal against our decision to list the asset.
  • Owners are entitled to claim compensation if the listing of an asset results in the owner incurring a loss.
  • The compensation is determined and payable by the Council but owners have a right of appeal.

Nominations must include:

  • A description of the nominated asset including its boundaries. Please include plans and photographs as appropriate.
  • The names of current occupants of the asset and anyone having a freehold or leasehold interest in the land/building.
  • Why it is believed that the asset in question should be identified as an Asset of Community Value.
  • Evidence that you are eligible to make a community nomination.

Please use the application form.

List of Assets of Community Value

The pdf icon attached table [228KB] shows the nominations for listing as an Asset of Community Value including the status of the application.

 

 

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