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Anticipated reasons for restriction

Purchase of commercial property in town centre for growth and development investment

By virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972.

Explanation of Reasons

  • By Virtue of Paragraph 3

    Information relating to the financial or business affairs of any particular person (including the authority holding that information)


    Information falling within paragraph 3 above is not exempt information by virtue of that paragraph if it is required to be registered under-(a)the Companies Acts (as defined in section 2 of the Companies Act 2006); (b)the Friendly Societies Act 1974; (c)the Friendly Societies Act 1992; (d)the Industrial and Provident Societies Acts 1965 to 1978; (e)the Building Societies Act 1986; or (f)the Charities Act 1993

    Information is not exempt information if it relates to proposed development for which the local planning authority may grant itself planning permission pursuant to regulation 3 of the Town and Country Planning General Regulations 1992

    Information which-(a)falls within any of paragraphs 1 to 7 above; and (b)is not prevented from being exempt by virtue of paragraph 8 or 9 above, is exempt information if and so long, as in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information

Reason restricted justification

This item is intended to be considered by the Executive in private by virtue of By Virtue of Paragraph 3 of Schedule 12a of the Local Government Act 1972.
Information relating to the financial or business affairs of any particular person (including the authority holding that information).
It is not in the public interest to disclose this information because this may restrict the authority’s ability to obtain value for money when negotiating the purchase of properties.

If you feel that any decisions or reports which are to be discussed in private* should be taken in public, please contact the Director of Governance and Partnerships at No 1 Bickerstaffe Square, , or via email democracy@blackpool.gov.uk with your reasons, no later than 10 April 2017. This will enable the Council to issue a response at least 5 clear days before the day of the meeting concerned.

If any other documents relevant to the items included in the 28 day notice are to be submitted to the decision maker(s)