5. Public Corporations, Privatisation and Regulation
5. Public Corporations, Privatisation and Regulation
- Sir William WadeSir William Wadeformerly Emeritus Rouse Ball Professor of English Law, University of Cambridge
- and Christopher ForsythChristopher ForsythFellow in Law, Balliol College, University of Oxford
Abstract
This chapter begins with a discussion of public corporations, covering the uses of corporate personality, legal status and liability, and relevance in administrative law. It then describes the mechanisms of privatization and nationalization, the changing nature of regulation, and some regulatory mechanisms, including the regulation of commerce, financial services, and public utilities.