000			01654cab a2200241 4500
001			ABS44034
008			090401t1990 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u44946
041			_aeng
245			_aSheffield CC v Yorkshire Water Services Ltd , Yorkshire Water Authority and 16 other related actions
260			_c1990
350			_a0
490			_aRating & Valuation Reporter _v(1990) RVR 254-259(6)
520			_aChD 17 May 1990 Application by defendant water authorities to strike out claims by local authorities for an interest in property held by defendants or compensation from the proceeds of sale of the property. The property was owned by the councils before the transfer of control of the water industry to the water authorities in 1974. The Water Act 1989 privatised the water authorities, constituting private limited companies as successor to the authorities. Shares in the companies had been recently sold to the public. Property previously vested in councils for public purposes had become indirectly owned by private investors for private profit. Councils argued that it was control rather than ownership that was transferred in 1974, and that the water authorities held the property for water supply and sewerage purposes only. Once these assets ceased to be used for these purposes and were sold, the proceeds belonged to the body that owned and controlled them before 1974. ChD held that the tr
650			_aCASE LAW
650			_aLOCAL GOVERNMENT ACT 1972
650			_aPRIVATISATION
650			_aWATER ACT 1973
650			_aWATER COMPANIES
690			_aWATER-CASE LAW
942			_n0
948			_c04/03/1997
999			_c28567 _d28567