6 Month Moratorium on the sale of The Rising Sun from 23 November 2021

On 22 November 2021 savetherisingsun.org Ltd applied for a six month Moratorium on the sale of The Rising Sun under S95 of the Localism Act 2011, which can be seen here.

The application was made in accordance with the Assets of Community Value Regulations 2012 which can be seen here.

On 23 November 2021 West Berkshire Council confirmed that the Moratorium was in place.

The practical effect of the Moratorium is that the owner can only contract to sell the property to savetherisingsun.org Ltd during the Moratorium but is under no obligation to do so. At the end of the Moratorium the Rising Sun will remain an Asset of Community Value until the expiry of its registration (which can be renewed) but the owner can then, for a 12 month period, sell to whomsoever, and on whatsoever terms, he wishes.