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(1)Subject to this section, the Secretary of State may at any time by order transfer to a statutory body, upon such terms as he thinks fit, any property, rights or liabilities which—
(a)are for the time being vested in an urban development corporation, and
(b)are not proposed to be transferred under section 165 or 165A above.
(2)An order under this section may terminate—
(a)any appointment of the corporation under subsection (1) of section [F242 of the Housing and Regeneration Act 2008 (agency arrangements with urban development corporations)]; and
(b)any arrangements made by the corporation under [F3subsections (5) and (6)] of that section.
(3)An order under this section may—
(a)establish new bodies corporate to receive any property, rights or liabilities to be transferred by an order under this section;
(b)amend, repeal or otherwise modify any enactment for the purpose of enabling any body established under any enactment to receive such property, rights or liabilities.
(4)An order under this section—
(a)may contain such incidental, consequential, transitional or supplementary provision as the Secretary of State thinks necessary or expedient (including provisions amending, repealing or otherwise modifying any enactment); and
(b)shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(5)Before making an order under this section, the Secretary of State shall consult each local authority in whose area all or part of the urban development area is situated.
(6)In this section—
“enactment” includes any instrument made under any enactment;
“statutory body” means any body established under this section or any other enactment.]
Textual Amendments
F1S. 165B inserted (24.9.1996) by 1996 c. 53, ss. 143(1), 150(2)
F2Words in s. 165B(2)(a) substituted (1.12.2008) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 8 para. 30(a); S.I. 2008/3068, art. 2(1)(w)(3) (with arts. 6-13)
F3Words in s. 165B(2)(b) substituted (1.12.2008) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 8 para. 30(b); S.I. 2008/3068, art. 2(1)(w)(3) (with arts. 6-13)
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