The Local Government Transparency Code 2014 sets out the minimum data that local authorities should be publishing, the frequency it should be published and how it should be published.
Under part 2 of the Code it is mandatory for Local authorities to publish details of all land and building assets including:
all service and office properties occupied or controlled by user bodies, both freehold and leasehold
any properties occupied or run under Private Finance Initiative contracts
all other properties they own or use, for example, hostels, laboratories, investment properties and depots
garages unless rented as part of a housing tenancy agreement
surplus, sublet or vacant properties
serviced or temporary offices where contractual or actual occupation exceeds three months, and
all future commitments, for example under an agreement for lease, from when the contractual commitment is made.
Part 3 of the Code sets out details of data that the Government recommends local authorities publish, which goes further than the minimum requirements in Part 2. Regarding land and building assets, the recommended data for publication includes:
size of the asset
services offered from the asset
reason for holding asset
whether or not the asset is either one which is an asset in the authority’s ownership that is listed under Part 5 Chapter 3 of the Localism Act 2011 (assets of community value) and/or an asset which the authority is actively seeking to transfer to the community
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