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statutory corporation

Re: statutory corporation

Postby Smouldering Stoat » Sun Sep 17, 2017 9:49 pm

And your objection is what, exactly?
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Re: statutory corporation

Postby inshallah » Sun Sep 17, 2017 9:56 pm

Smouldering Stoat wrote:And your objection is what, exactly?


I am saying that it is NOT the Crown Estate who are a statutory corporation BUT the Crown Estate
Commissioners ?. As they say "the devil is in the details" .

Further I quote this and wonder who can opine what this means in simple (but not toooo simple) English

s.1(5) The validity of transactions entered into by the Commissioners shall not be
called in question on any suggestion of their not having acted in accordance
with the provisions of this Act regulating the exercise of their powers, or of
their having otherwise acted in excess of their authority, nor shall any person
dealing with the Commissioners be concerned to inquire as to the extent of
their authority or the observance of any restrictions on the exercise of their
powers.
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Re: statutory corporation

Postby atticus » Sun Sep 17, 2017 9:58 pm

The Crown Estate Commissioners are a 'body corporate'; to that extent that part of the content of the website is not quite right. More correct statements appear in the FAQ section, eg
Today, The Crown Estate operates under the auspices of the Crown Estate Act of 1961, which declares that the estate shall be managed by a Board who have a duty to maintain and enhance the value of the estate and the return obtained from it, but with due regard to the requirements of good management.
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Re: statutory corporation

Postby atticus » Sun Sep 17, 2017 10:01 pm

S1(5) says that anyone dealing with the Commissioners does not need to enquire into the validity of their acts. It means you do not need to check that correct formalities have been complied with when executing documents.
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Re: statutory corporation

Postby inshallah » Sun Sep 17, 2017 10:02 pm

atticus wrote:The Crown Estate Commissioners are a 'body corporate'; to that extent that part of the content of the website is not quite right. More correct statements appear in the FAQ section, eg
Today, The Crown Estate operates under the auspices of the Crown Estate Act of 1961, which declares that the estate shall be managed by a Board who have a duty to maintain and enhance the value of the estate and the return obtained from it, but with due regard to the requirements of good management.


Yes thanks, but clearly they need to be more careful as there is a big difference between The Queen and her Servants !! Is there not ?.

As well in my last post I am trying to gauge the sustainability of a clause that seems to give the Commissioners
free reign to make any "errors" they like and wonder whether gives them and immunity and from what ?.
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Re: statutory corporation

Postby atticus » Sun Sep 17, 2017 10:03 pm

Free rein, surely.

I have answered the point, in any event.
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Re: statutory corporation

Postby inshallah » Sun Sep 17, 2017 10:04 pm

atticus wrote:S1(5) says that anyone dealing with the Commissioners does not need to enquire into the validity of their acts. It means you do not need to check that correct formalities have been complied with when executing documents.



My latest post crossed with yours. I was reading it as granting them some immunity from
being brought to book for ,say for example, buying something outside the scope of their
remit under the Act .
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Re: statutory corporation

Postby inshallah » Sun Sep 17, 2017 10:05 pm

atticus wrote:Free rein, surely.

I have answered the point, in any event.

And WHY should THEY have free rein and no one else ??
Last edited by inshallah on Sun Sep 17, 2017 10:08 pm, edited 1 time in total.
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Re: statutory corporation

Postby atticus » Sun Sep 17, 2017 10:08 pm

Free rein!

Other similar provisions exist elsewhere.

It appears that both your ! and ? keys are sticking slightly.
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Re: statutory corporation

Postby inshallah » Sun Sep 17, 2017 10:09 pm

atticus wrote:Free rein!

Other similar provisions exist elsewhere.

It appears that both your ! and ? keys are sticking slightly.


LOL< what a typo ! I have corrected it now
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