Member

We believe that the updated scheme will be sufficient to protect a broad range of assets, including cultural assets. Many arts and cultural spaces will be in scope of the new “assets of community value” definition, where they contribute to the social or economic well-being or interests of the community. Indeed, the current provisions are clear that the social interests of the community include cultural interests. We will be publishing statutory guidance for local authorities to follow in delivering the new scheme. This will include clear expectations around the types of assets that local authorities should be listing if they are nominated, including cultural assets.