Decision details

Asset Transfer Policy

Decision Maker: Economy and Growth Committee

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


To approve a new Asset Transfer Policy.



Peter Skates, Director of Growth and Enterprise introduced the item to the Committee.

He advised the Committee that the Localism Act had brought about the need for the Asset Transfer Policy in 2011, since then there had been revisions to the Policy in 2016 and it was now time to review the Policy.


The Committee were advised some of the benefits to the proposed revisions would ensure a renewed confidence in the process, a reduced cost to the Council, more social and environmental impacts and a drive forward for projects.


The Committee agreed that the level of detail in the business plan should reflect the scale of the asset.  There was some discussion about the low level of response from Town and Parish Councils.  Peter Skates gave reassurances to the Committee that the expressions of interest from the Town and Parish Councils indicated a desire for land property assets, there was no pressure to accept assets.




That the Committee:


a)    endorse and approve the revised Policy­­; and

b)    delegate authority to the Executive Director of Place in consultation with the Chair of the Committee to consider the results of the consultation and approve the final version of the policy subject to any amendment to the policy being minor.

Report author: Andy Kehoe

Publication date: 26/07/2021

Date of decision: 15/07/2021

Decided at meeting: 15/07/2021 - Economy and Growth Committee

Effective from: 27/07/2021

Accompanying Documents: