4(1)Except with the consent of the Secretary of State (as respects England) or the National Assembly for Wales (as respects Wales), a conservation board may not—E+W
(a)dispose under paragraph 3 of land which consists of or forms part of a common, or formerly consisted of or formed part of a common, and is managed by a local authority in accordance with a local Act,
(b)dispose under paragraph 3 of land, otherwise than by way of a short tenancy, for a consideration less than the best that can reasonably be obtained.
(2)For the purposes of this paragraph a disposal of land is a disposal by way of a short tenancy if it consists—
(a)of the grant of a term not exceeding seven years, or
(b)of the assignment of a term which at the date of the assignment has not more than seven years to run.
Commencement Information
I1Sch. 14 para. 4 wholly in force at 1.5.2001; Sch. 14 para. 4 not in force at Royal Assent see s. 103(3); Sch. 14 para. 4 in force for E. at 1.4.2001 by S.I. 2001/114, art. 2(2)(e); Sch. 14 para. 4 in force for W. at 1.5.2001 by S.I. 2001/1410, art. 2(g)