Often, when compulsory purchase powers are used by local authorities, the value of the site they are purchasing is enhanced because they are using those powers and the owner of the site gets a “hope value” addition to what they receive. Would the Minister consider ensuring that, where a CPO has been put in place, no extra value is generated for the owner because the CPO itself is operated or because it is part of a regeneration site as a whole?
Levelling-up and Regeneration Bill
Proceeding contribution from
Clive Betts
(Labour)
in the House of Commons on Wednesday, 23 November 2022.
It occurred during Debate on bills on Levelling-up and Regeneration Bill.
About this proceeding contribution
Reference
723 c339 Session
2022-23Chamber / Committee
House of Commons chamberSubjects
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2022-11-24 11:41:45 +0000
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