[New post] What is a Section 114 notice? What will it mean for the council?

insidecroydon posted: "Croydon Council today admitted that it had gone bust. Under the Local Government Finance Act 1988, Section 114 (3) dictates that: "The chief finance officer of a relevant authority shall make a report under this section if it appears to him that the ex" New post on Inside Croydon What is a Section 114 notice? What will it mean for the council? by insidecroydon Croydon Council today admitted that it had gone bust. Under the Local Government Finance Act 1988, Section 114 (3) dictates that: "The chief finance officer of a relevant authority shall make a report under this section if it appears to him that the expenditure of the authority incurred (including expenditure it proposes to incur) in […] Read more of this post insidecroydon | November 11, 2020 at 4:24 pm | Tags: S114, Section 114 | Categories: Croydon Council, Section 114 notice | URL: https://wp.me/pWK0J-nUS Comment    See all comments Unsubscribe to no longer receive posts from Inside Croydon. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://insidecroydon.com/2020/11/11/what-is-a-section-114-notice-what-will-it-mean-for-the-council/