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1105283

registered interest
date	26/04/2019
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	European Regional Development Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, what Department plans he has to replicate the infrastructure investment priorities of the European Regional Development Fund once the UK leaves the EU structural funds.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	237075
answer	answer is ministerial correction date of answer 02/04/2019 answer text <p>The Government will create the UK Shared Prosperity Fund once we have left the European Union. The UK Shared Prosperity Fund will strengthen the foundations of productivity as set out in our modern Industrial Strategy to support people to benefit from economic prosperity. This new Fund will ensure that investments are targeted effectively to align with the challenges faced by places, creating a fresh opportunity to focus investment according to our own priorities. We are continuing to work on the design and priorities and we will consult widely on the UK Shared Prosperity Fund. This will give all interested parties the chance to contribute their views to Government. Final decisions are due to be made during the Spending Review.</p> answering member constituency Rossendale and Darwen answering member printed Jake Berry question first answered 02/04/2019 14:31:04 answering member 4060 label Biography information for Sir Jake Berry
tabling member	3928 label Biography information for Nick Smith

1123428

registered interest
date	26/04/2019
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Local Government: Assets
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, what the process for councils to dispose of property assets is; whether councils must demonstrate best value; and what the obligations of the council where a property is being transferred to a wholly owned subsidiary of that same council are.
tabling member constituency	Croydon South
tabling member printed	Chris Philp
uin	248058
answer	answer is ministerial correction date of answer 07/05/2019 answer text <p>Public bodies should generally dispose of surplus land (including property assets built on that land) at the best possible price reasonably obtainable. However, the Government recognises that disposing of such land at less than best consideration can sometimes create wider public benefits.</p><p>With regards to land (and property assets) held in the General Fund, a general consent issued under section 123 of the Local Government Act 1972 allows local authorities to dispose of land held for purposes other than housing or planning at an undervalue of less than £2 million, without seeking a specific consent from the Secretary of State where they consider it will help secure improvement of the economic, social or environmental well-being of the area. Secretary of State consent is required for disposals of such land at an undervalue of more than £2 million. Specific Secretary of State consent is required for disposals of land held for planning purposes regardless of the sale value.</p><p>Specific rules also apply to housing land (including property assets). The 2013 General Consent under section 32 of the Local Government Act 1988, permits a local authority to dispose of such land at market value subject to condition that:</p><p>(a) the disposal the property asset is not subject to a secure, introductory or demoted tenancy to occupy from the local authority to a landlord who is not another local authority;</p><p>(b) the disposal of land where there is Reversionary Interests in Houses and Flats; or</p><p>(c) the disposal of land to a body in which the local authority owns an interest except:</p><p>(i) where the local authority has no housing revenue account; or</p><p>(ii) in the case of a local authority with a housing revenue account, the first 5 disposals in a financial year.</p><p>Secretary of State consent is required if a local authority wishes to dispose of housing land (including any property assets built on that land) at less than best value, including disposal to a local authority housing company.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 07/05/2019 15:46:25 answering member 4495 label Biography information for Kit Malthouse
tabling member	4503 label Biography information for Chris Philp