Hazell v Hammersmith and Fulham LBC: Difference between revisions
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[[File:Dramatic Chipmunk.png|thumb|center|Did someone say [[ultra vires|ULTRA FREAKING VIRES]]??!]] | [[File:Dramatic Chipmunk.png|thumb|center|Did someone say “[[ultra vires|ULTRA FREAKING VIRES]]”??!]] | ||
}}{{cn}}Cue lightning, a peal of thunder, a blood-curdling scream and pallid faces at the very mention of its name. {{cite|Hazell|Hammersmith and Fulham LBC|1992|2AC|1}} declared that, under the Local Authorities Act 1972, [[local authority|local authorities]] had no power to engage in interest rate swap agreements because they were beyond the Council's borrowing powers, and that all the contracts were [[void]]. | }}{{cn}}Cue lightning, a peal of thunder, a blood-curdling scream and pallid faces at the very mention of its name. {{cite|Hazell|Hammersmith and Fulham LBC|1992|2AC|1}} declared that, under the Local Authorities Act 1972, [[local authority|local authorities]] had no power to engage in interest rate swap agreements because they were beyond the Council's borrowing powers, and that all the contracts were [[void]]. | ||