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Proceeding contribution from Lord Bassam of Brighton (Labour) in the House of Lords on Tuesday, 3 June 2008. It occurred during Debate on bill and Committee proceeding on Housing and Regeneration Bill.


Housing and Regeneration Bill

The local authority would in any event have to value its assets, so I do not see why it should not be able to make a best estimate of that. In its audit function and financial control, the local authority would need to come to a view on the value of land or public space. Those things are very important in how local authorities conduct their finances. I take the point that the noble Lord is making.


Secondary information

Type
Proceeding contribution
Reference
702 c57GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
Community development Compulsory purchase Common land Brownfield sites Housing Land Leisure Infrastructure Land use Gardens Facilities Floods Local government Powers Property transfer Planning Property development Prices Transport Roads Regeneration Greenfield sites Eco-towns
Legislation
Housing and Regeneration Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk