Part VIII Miscellaneous and general provisions
General
224 The Common Council of the City of London.
(1)
The Common Council of the City of London may appoint a committee, consisting of so many persons as they think fit, for any purposes of this Act which in their opinion may be better regulated and managed by means of a committee.
(2)
A committee so appointed—
(a)
shall consist as to a majority of its members of members of the Common Council, and
(b)
shall not be authorised to borrow money or to make a rate,
and shall be subject to any regulations and restrictions which may be imposed by the Common Council.
(3)
A person is not, by reason only of the fact that he occupies a house at a rental from the Common Council, disqualified from being elected or being a member of that Council or any committee of that Council; but no person shall vote as a member of that Council, or any such committee, on a resolution or question which is proposed or arises in pursuance of this Act and relates to land in which he is beneficially interested.
(4)
A person who votes in contravention of subsection (3) commits a summary offence and is liable on conviction to a fine not exceeding level 4 on the standard scale; but the fact of his giving the vote does not invalidate any resolution or proceeding of the authority.