A Local Authority’s guarantee for its own company was void, having been given for impermissible reasons.
England and Wales
Appeal from – Credit Suisse v Allerdale Borough Council CA 20-May-1996
Builder’s Guarantee Ultra Vires LA
The council set out to provide a swimming pool using powers under s.19 of the 1976 Act. Purporting to use powers under s.111 of the 1972 Act, it set up a company to develop a site by building a leisure pool and time-share units, with a view to . .
Lists of cited by and citing cases may be incomplete.
Local Government, Banking
Updated: 31 December 2021; Ref: scu.79618