000 01417cab a2200265 4500
001 ABS55425
008 090401t1996 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u16340
041 _aeng
245 _aBrown and others v City of London Corporation
260 _c1996
350 _a0
490 _aEstates Gazette
_v(1996) 22 EG 118-125(8)
520 _aChD 14 December 1995. Two companies acquired business properties with funds provided by a syndicate of banks headed by the third applicant (X), who acted as trustee. In November 1993, X appointed the first and second applicants as receivers. The property remained empty. C contended that the receivers were liable to pay unoccupied property rates. "Held" A receiver is not liable for unoccupied property rates where he is appointed on terms that he is the agent of the company. Under the Local Government Finance Act 1988 s65, the companies were the owners and entitled to possession of the property. Accordingly, the receivers were not liable to pay the rates.
650 _aBROWN AND OTHERS V CITY OF LONDON CORPORATION
650 _aCOMPANIES ACT 1985 S458
650 _aDEBENTURES
650 _aLAW OF PROPERTY ACT 1925 S109(8)
650 _aLOCAL GOVERNMENT FINANCE ACT 1988 S65
650 _aUNOCCUPIED PROPERTY RATES
650 _aUNOCCUPIED PROPERTY
690 _aRATING AND VALUATION-CASE LAW
942 _n0
948 _c04/03/1997
999 _c10746
_d10746