Legal And Regulatory Flashcards

1
Q

Legal and Regulatory Compliance guidance?

A

NPPF
PPG
RICS: Financial viability in planning: conduct and reporting
Assessing financial viability in planning under the NPPF

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2
Q

Can you provide some examples of planning law?

A

•Town Country and Planning Act 1990 - regulated development of land
•Planning and Compulsory Purchase Act 2004 - relates to spatial development and the compulsory acquisition of land
•Town and Country (LP)(England)Regulations 2012 - legislative regulations for the preparations of local plans
•Town and Country Planning Order 2015 - allows certain building works and changes if use without planning application

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3
Q

What is a Compulsory Purchase Order?

A

Legal process that allows acquiring authorities to require owners and occupiers to sell their interests if they obstruct to any development or infrastructure project that benefits the ‘greater public good’

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4
Q

What’s is in the CPO Guidance?

A

4 booklets:
1) CPO procedure
2) compensation for business owners and occupiers
3) compensation to agricultural owners and occupiers
4) compensation to residential owners and occupiers

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5
Q

How much CPO compensation can be received?

A

Based on principle of equivalence. Means you should be no worse / better off in financial terms after the compulsory acquisition than you were before.

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6
Q

What are the mechanisms to secure affordable housing and infrastructure through the planning process?

A

•S106 - TCPA 1990
•CIL - Planning Act 2008 (into force 2010 - CIL Regulations 2010)
•S278 - Highways Act 1980

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7
Q

What are Section 106 agreements?

A

Planning obligations developers must make to local authorities to make their development acceptable in planning terms ‘to mitigate the impact of the development’

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8
Q

What will the S106 Legal Agreement cover?

A

Depend on the nature of the development and the needs of the district.

Common obligations include: affordable housing, education contributions, open space, highways, health

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9
Q

Are there rules or restrictions to what obligations local authorities can seek?

A

Planning obligations are used for:
•prescribe the nature of development (AH)
•Compensate for loss or damage created by development
•Mitigate a development impact (increase public transport provision)

They must also be:
Necessary
Directly related to development
Fair and reasonable (scale and kind of dev)

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10
Q

Other than securing affordable housing, what else can a S106 agreement be used for?

A

•Require land to be used in specific way
•Require sums of money to be paid to LA

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11
Q

What is CIL and when was it introduced?

A

•CIL is a planning charge introduced by the Planning Act 2008
•Came into force 2010 - CIL regs 2010
•It is a non-negotiable form of developer contribution

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12
Q

Where would you find the CIL charging schedule?

A

They are specific to each local authority - you would find it on their planning website

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13
Q

What kind of development doesn’t pay CIL?

A

•Development where net additional floor space is under 100 sqm
•Development of buildings where people don’t usually go (wind turbines)
•Resi extensions, self builds, affordable housing

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14
Q

Guidance for Conflict Avoidance?

A

Conflicts of interest (March 2017) Professional standard (July 2023)

Surveying acting as expert witness (4th Ed, April 2014) - Practice statement (Feb 2023)

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15
Q

Guidance for client care?

A

Complaints Handling 2016 - professional standard (oct 2023)

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16
Q

Guidance for Health and Safety?

A

Surveying safely 2018 (professional standard july 2023)

17
Q

Guidance note for ethics?

A

Rules of Conduct 2022 & Appendix A

International Ethics Standards December 2016

5th Anti-money laundering directive (2018)

RICS Professional Statement Countering Bribery and corruption, money laundering and terrorist financing (1st Ed, 2019)

RICS Client Money Handling (1st ed) Professional Standard

18
Q

Guidance for Measurement?

A

RICS Property Measurement 2nd ed 2018 - Professional Statement (office and resi)

IMPS - Office, resi, retail and industrial

19
Q

Guidance for Valuation?

A

RICS Valuation - Global Standards (Global Red Book) 2022

RICS Comparable Evidence in real estate oct 2019 - professional statement (April 2023)

Valuation of development property 1st ed October 2019 Professional Standard

20
Q

Why were the Rules of Conduct updated?

A

•simpler structure
•one clear framework
•more focus on respect, diversity and inclusion

Appendix A includes the professional obligations