A person proposing to undertake the re-development of land may submit particulars of his proposals to the local housing authority for approval under this section.
The authority shall consider the proposals and if they appear to the authority to be satisfactory, the authority shall give notice to that effect to the person by whom they were submitted, specifying times within which the several parts of the re-development are to be carried out.
Where the authority have so given notice of their satisfaction with proposals, no action shall be taken in relation to the land under any of the powers conferred by the provisions of this Part or Chapter 2 of Part 1 of the Housing Act 2004 relating to—
if and so long as the re-development is being proceeded with in accordance with the proposals and within the specified time limits, subject to any variation or extension approved by the authority.
This section does not apply to premises—
and has effect subject to section 311 in a case where proposals are submitted under this section with respect to premises in a clearance area.