15(1)Where before 2nd December 1983 the Greater London Council have entered into any commitment (whether legally enforceable or not)—
(a)to make any payment to any person (other than the Executive) under section 56(2) of the 1968 Act (grants by local authorities towards capital expenditure on public passenger transport facilities) ; or
(b)to make any grant to the Railways Board under section 3(1)(b) of the 1969 Act (grants in respect of passenger transport services, amenities or facilities required to meet the needs of Greater London) ;
that commitment shall have effect, so far as relates to anything falling to be done in accordance with it on or after the appointed day, as if entered into by London Regional Transport.
(2)London Regional Transport shall be entitled to recover from the Greater London Council an amount equal to any expenditure incurred by them in the initial year in making payments in pursuance of any such commitment.
(3)In sub-paragraph (2) above, "the initial year" has the same meaning as in section 49 of this Act.
16Any obligation of the Greater London Council—
(a)to make any payment to the Executive under section 56(2) of the 1968 Act; or
(b)to make any grant to the Executive under section 3(1)(a) of the 1969 Act;
shall cease to have effect.