Morgan Grenfell and Co Ltd v Sutton London Borough Council: QBD 23 Mar 1995

A guarantee of loan to a non-registered housing association was ultra vires.

Citations:

Times 23-Mar-1995

Statutes:

Local Government Act 1972

Jurisdiction:

England and Wales

Cited by:

Appeal from – London Borough of Sutton v Morgan Grenfell and Co Ltd Morgan Grenfell and Co Ltd v Mayor and Burgesses of London Borough of Sutton London Borough of Sutton v Morgan Grenfell and Co Ltd Wellesley Housing Association Ltd CA 24-Oct-1996
The Housing Associations Act 1985 empowered a local authority to give guarantees in relation to registered housing associations. A local authority guaranteed a bank loan for an unregistered housing association.
Held: A Local Authority had no . .
Lists of cited by and citing cases may be incomplete.

Local Government, Banking

Updated: 09 April 2022; Ref: scu.83829