Assets of community value revisited – Law Society’s Gazette
‘What is an asset of community value (ACV) and what is it for? ACVs were created under part 5 (Community empowerment) of the Localism Act 2011. By the act, specified local authorities must maintain a list of nominated ACVs furthering the social wellbeing or interests of the local community, following nominations from parish councils or local community groups.’
Law Society's Gazette, 16th October 2026
Source: www.lawgazette.co.uk

