Understanding the Levelling Up and Regeneration Act 2023: The Evolution of Compulsory Purchase Powers
Joshua Daniel O'Connor
Consultant Solicitor - Private Equity and Real Estate
The Levelling Up and Regeneration Act 2023 (the "LURA") marks a pivotal shift in the approach to urban regeneration, with compulsory purchase powers playing a critical role. This article examines the recent changes introduced by LURA, focusing on how they refine and potentially reshape the landscape of compulsory purchase in the UK.
Key Changes in Compulsory Purchase Powers:
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Implications and Considerations:
The LURA's adjustments to compulsory purchase powers reflect a nuanced approach, balancing the need for efficient regeneration projects with the rights of landowners. However, these changes bring new dynamics to the process, affecting both acquiring authorities and landowners.
As urban regeneration continues to be a priority in the UK, understanding the implications of LURA's changes to compulsory purchase powers is crucial. Whether you're a local authority, landowner, or involved in urban development, these modifications could have significant impacts on your projects and property rights.