Clause 17 - External funds
Local Government Bill
Public Bill Committees, 30 January 2003, 2:30 pm
Mr Andrew Turner (Isle of Wight, Conservative)
I wonder whether that provision also applies to funds such as charities of which the local authority may be a trustee. My local authority was the trustee for a property called Northwood house in Cowes. It reached the point of selling it before it discovered that it was a trustee and therefore not allowed to do so. Fortunately that situation was reversed, but this seems an opportunity to plunder all sorts of funds.