(1)Section 226 of the principal Act (compulsory acquisition of land for development and other planning purposes) is amended as follows.
(2)In subsection (1)—
(a)the first “which” is omitted;
(b)for paragraph (a) there is substituted the following paragraph—
“(a)if the authority think that the acquisition will facilitate the carrying out of development, re-development or improvement on or in relation to the land,”;
(c)in paragraph (b) at the beginning there is inserted “which”.
(3)After subsection (1) there is inserted the following subsection—
“(1A)But a local authority must not exercise the power under paragraph (a) of subsection (1) unless they think that the development, re-development or improvement is likely to contribute to the achievement of any one or more of the following objects—
(a)the promotion or improvement of the economic well-being of their area;
(b)the promotion or improvement of the social well-being of their area;
(c)the promotion or improvement of the environmental well-being of their area.”
(4)Subsection (2) is omitted.
(5)Nothing in this section affects a compulsory purchase order made before the commencement of this section.