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(1)If before the end of the period within which a building in respect of which an obstructive building order is made is required by the order to be vacated—
(a)an owner whose estate or interest in the building and its site is such that its acquisition by the local housing authority would enable the authority to carry out the demolition provided for by the order, or
(b)owners whose combined estates or interests in the building and its site are such that their acquisition by the authority would enable the authority to carry out the demolition provided by the order,
make to the authority an offer for the sale of that interest, or of those interests, at a price to be assessed as if it were compensation for a compulsory purchase under section 290 (acquisition of land for clearance), the authority shall accept the offer and shall, as soon as possible after obtaining possession, carry out the demolition.
(2)If no such offer is made before the end of the period within which the building is required by the order to be vacated, the owner or owners shall carry out the demolition provided for by the order before the expiration of six weeks from—
(a)the last day of that period, or
(b)if the building, or such part of it as is required to be vacated, is not vacated until after that day, the day on which it is vacated,
or, in either case, such longer period as in the circumstances the local housing authority deem reasonable.
(3)If the demolition is not so carried out, the local housing authority shall enter and carry out the demolition and sell the materials rendered available by the demolition.
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