(9 months, 3 weeks ago)
Commons ChamberI thank my hon. Friend for his advocacy for the fund and for his constituents in Bury. The community ownership fund works alongside existing community asset transfers and supports them by funding the costs of renovation and refurbishment. We cannot fund the cost of purchasing publicly owned assets where the public authority would credit a capital receipt, except in the case of parish, town and community councils, but I am happy to meet him to discuss this issue further.
In many communities in Westmorland, the pub is the centre of the community and is often under threat. In some cases, the local pub—such as The Ship Inn in Sandside—has closed down altogether. The community ownership fund is clearly a very good way of allowing the community to bring such businesses back into public use, but does the fund allow communities to go through the process of compulsory purchase, so that a building can be taken from an owner who is unwilling to sell and made useful again for the local community?
I think the CPO process is probably a bit too lengthy for the fund itself, but I am happy to meet the hon. Gentleman to discuss the project directly. We are very happy to help fund community pubs through the community ownership fund.