The authority had two offers for the purchase of land. One was for less, but proposed greater employment opportunities, the value of which they felt made up for the lower consideration. The Act did not allow the local authority to take such additional returns to the community into account, and should have accepted the greater offer. The provisions placed upon the authority duties equivalent of those of trustees, and its stewardship of the land was subject to audit. The object of improving employment opportunities did not bring the motive for the selection within the rubric of ‘best consideration’
courtcommentary.com Judicial review of a decision for sale of land by Regeneration Committee of borough council ‘for a consideration less than the best that can reasonably be obtained’
Judges:
Lightman J
Citations:
Gazette 24-May-2001, [2001] EWHC Admin 336
Links:
Statutes:
Local Government Act 1972 123(2)
Local Government, Trusts
Updated: 29 May 2022; Ref: scu.140329
