Asset Transfer Unit working with Anthony Collins Solicitors to improve the asset transfer process

The Asset Transfer Unit is pleased to announce that it has commissioned a new stream of work designed to enhance partnership working and improve the cost-effectiveness of asset transfer activity for both the public and third sectors. The ATU has engaged law firm Anthony Collins Solicitors to work on preparing legal guidance linked to the asset transfer process. The guidance is intended to help community organisations and local authorities understand their roles and responsibilities in the process. Anthony Collins are also to explore the potential for model legal documents to support transfer activity, and intend to consult extensively across local authorities in England to establish what is needed by public sector legal practitioners. Annemarie Naylor, of the Development Trusts Association, said “We are very pleased to be working towards robust legal guidance for asset transfer, and to be able to provide some practical support to organisations involved in delivering such activity. Some asset transfers have resulted in overly complex agreements and have proven difficult to negotiate; we want to make the process simpler, speedier and more cost-effective for everyone concerned.” David Alcock, of Anthony Collins Solicitors, said “We are delighted to be working with the Asset Transfer Unit. We want to make asset transfer work for both local authorities and community organisations, and clear guidance on the legal issues involved will help everyone.” End

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