- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The British Waterways Board (Transfer of Functions) Order 2012 No. 1659
8. In Schedule 12 to the Agricultural Holdings Act 1986(1) (modifications applicable to old tenancies and other similar cases), after paragraph 4(5) insert—
“(5A) Where by a scheme under section 24 of the Public Bodies Act 2011 relevant land has been transferred by the British Waterways Board to Canal & River Trust or any subsidiary of Canal & River Trust, sub-paragraph (2) shall (so far as relates to relevant land so transferred) have effect in relation to Canal & River Trust or, as the case may be, that subsidiary as it had effect in relation to the British Waterways Board immediately before that land was transferred under that scheme.
(5B) In sub-paragraph (5A)—
(a)“relevant land” means land falling within paragraph (a) or (b) of sub-paragraph (2) and transferred to the British Waterways Board as there mentioned;
(b)“subsidiary” means a company which is a subsidiary within the meaning of the Companies Act 2006.”.
1986 c. 5. There are amendments to paragraph 4 of Schedule 12 that are not relevant to this Order.
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