(1) Where a counter-notice has been served under section 151 objecting to a blight notice, the claimant may require the objection to be referred to the [Upper Tribunal].
(2) . . .
(3) On any such reference, if the objection is not withdrawn, the [Upper Tribunal] shall consider—
(a) the matters set out in the notice served by the claimant, and
(b) the grounds of the objection specified in the counter-notice;
and, subject to subsection (4), unless it is shown to the satisfaction of the Tribunal that the objection is not well-founded, the Tribunal shall uphold the objection.
(4) An objection on the grounds mentioned
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