This policy outlines the principles and procedures for the Council of the Isles of Scilly when acquiring or disposing of land and property. It aims to ensure that all transactions are consistent, legal, and transparent, securing the best value for council assets.
The committee's remit covers decisions on purchasing or selling land and property, including considerations for service delivery, investment, and strategic development. It also addresses the process for handling surplus property and ensures compliance with financial regulations and relevant legislation, impacting the council's asset management and financial operations.