000 01343cam a2200253 4500
001 ABS64185
008 000000n2001 000 0 eng u
035 _a(Sirsi) u113598
100 _aBosworth, J.
245 _aUnder consideration
260 _c2001
490 _aEstates Gazette
_v(0126) 30 June 2001, 158(1)
520 _aLooks at the Local Government Act 1972 s123 which places a statutory duty on local authorities to obtain the best price for land, except where the SoS gives consent for a disposal at undervalue. An aggrieved party may even submit a higher bid under s123 after a local authority has decided to dispose of the land to the highest bidder, although it may be rejected under para 5 of the general consents contained in the Act. The local authority is also under no obligation to dispose of the land if it does not wish to do so, but if a challenge is brought for failure to comply with s123 then the purchaser is only protected, under s128(2) of the Act, where the sale or transfer has been completed.
590 _aABS
650 _aDISPOSAL OF LAND
650 _aLOCAL AUTHORITIES
650 _aLOCAL AUTHORITY LAND
650 _aLOCAL GOVERNMENT ACT 1972 S123
650 _aLOCAL GOVERNMENT ACT 1972 S128(2)
650 _aSTATUTORY DUTY
650 _aUNDERVALUE
690 _aPROPERTY
942 _n0
999 _c67685
_d67685