This includes a general requirement when selling an asset to consider whether the transaction achieves the best consideration that can reasonably be obtained, in terms of section 74 of the Local Government (Scotland) Act 1973 and regulations made under that section, restrictions in the circumstances in which a local authority can dispose of a common good asset (section 75 of the 1973 Act refers) and a broader statutory duty upon local authorities to secure Best Value in terms of Part 1 of the Local Government in Scotland Act 2003.