Greg Clark has just announced an amendment to Circular 06/2004 (Compulsory Purchase and the Crichel Down Rules). This is by way of a new appendix KA "Exercise of compulsory purchase powers at the request of the community" and is intended to supplement the Community RTB in the Localism Bill. Although the Bill allows a period of time (and a moratorium on sale) for a community group to gather together a bid to acquire an "Asset of Community Value", there is no obligation on the owner to sell. However, local authorities could come to the aid of the community group by using CPO powers using their own funds with or without a contribution from the group.
This aspect of the Localism Bill came in for some criticism in the Lords debate so it will be interesting to see how it fares later this month at Lords Committee. The amendment to the Circular does not however limit the guidance to Community RTB - so the advice can survive even if RTB fails to make it to the statute book. Interesting what policy can do!