Roger Lloyd is the Head of Regeneration and Property Law for Birmingham City Council Legal Services. Click below to listen to his thought on lesson from the Community Asset Transfer Development programme.
Roger’s role was looking after the lawyers in his team who were developing after the lease document, aiming to make sure the governance and accounting side works satisfactorily. He says a key issue was that the contracts had to take into account the impact of International Financial Reporting Standards which is a radical change, as of April 1st 2010, in how local government accounts for assets on their books.
Advice to other council officers:
- Work with accountants and lawyers of all of the people involved from the beginning, concentrating on securing all the right authority from all the right partners at the very start. This makes sure that the transaction has the right approval early.
- The lawyers need to be brought in right at the beginning to ensure that plans fit the law.
- There always needs to be proper communication, and if one side is not understanding the other that is proper communication. Lawyers need to make sure that they iron out misunderstanding by also using plain English.
For third sector organisations:
- The project manager from the third sector organisation needs to take time to understand the legal hoops that need to be jumped through.You may not like the position, but understanding it will help
- Remember we are trying to find a way through for you.
If you have any thoughts on Roger’s observation you could leave a comment below.