Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government what advice they provide to local authorities on managing risks in community asset transfers; and whether the advice in the document Managing Risks in Asset Transfer: A Guide published by the Department for Communities and Local Government in June 2008 is still current.

Local authorities are responsible for developing their own community asset transfer policy based on their unique knowledge of local circumstance and council priorities. The risks set out in the 2008 guidance are still relevant, and Government has funded the online My Community platform as resource to assist both local authorities and community groups about the risks and opportunities associated with Community Asset Transfer. Complementing this support is bespoke help and advice from key supporters of community asset transfer such as Sport England, Power to Change, the Big Lottery and Heritage Lottery who work with community groups and councils to establish the most sustainable ways of helping move valued local assets into community ownership.