The Act – Section by Section Part 1  - Best Value and Accountability Section 11 – Disposal of land by local authorities for less than full value
33.Section 11 amends section 74 of the 1973 Act to remove the existing Ministerial consent regime for circumstances in which local authorities seek to sell or otherwise dispose of land and associated assets at less than the best available price. The section provides the Scottish Ministers with a power to issue regulations on this issue and sets out the basic conditions that those regulations will cover.
34.Subsections (2G) and (2H)provide that such regulations shall be made after consultation and subject to annulment in pursuance of a resolution of the Scottish Parliament.