Question to the Department for Levelling Up, Housing & Communities:
To ask Her Majesty’s Government when the Secretary of State will make a determination under section 69 of the Housing and Planning Act 2016.
Before any determination is issued and any payments made under that determination, regulations on the definition of higher value assets must first be passed by both Houses of Parliament. We are currently working on the detail of the regulations.
We shall consult with local authorities and other stakeholders before issuing the determination.