Hi there,
With the new Governments plan to merge LA's do any of you know, or have experience of (if you've previously merged) what happens to S106 and strategic CIL monies collected by each authority area?
S106 is maybe easier to understand because those funds are usually earmarked for a specific project - but if it is purely for 'affordable housing' with the area not specified - could this be spent anywhere within the jurisdiction of the new authority which could be massive and not relate to the area the funds were collected from. Likewise with CIL - a project on the other side of the merged authority that has no bearing on the area the funds were collected from?
Just curious really, and with the CIL aspect, if this is the case is it better to spend the collected levy before any merger takes place so you can ensure the funds are spent within your existing area!
Any advice would be much appreciated.
