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Hunter’s Corner
4 mins to read

Dodgy legals in council company loans

ANALYSIS: Councils may have legal opinions absolving them of Local Government Act breach, but that doesn’t mean their business borrowing practices are good for ratepayers.

Ask a lawyer: Is an uncalled capital facility a prohibited guarantee?

Tim Hunter Fri, 01 Dec 2023

Lawyers do come in handy sometimes, like when you are thinking of doing something that might be illegal and you want someone to tell you it’s ok, probably.

Such is their cleverness, lawyers could even be relied upon to find some leeway in the Ten Commandments.

However, surely section 62 of the

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Dodgy legals in council company loans
Hunter’s Corner,
101936