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(1)Subject to the following provisions of this section, the Secretary of State may by order—
(a)make provision for the transfer, between any members of the London Regional Transport group, or between any member of that group and any member of the Railways Board group, of any functions of the transferor in connection with the carriage of passengers; and
(b)make any such provision with respect to either party to the transfer of functions as is mentioned in section 46(1) of this Act.
(2)An order under this section may, for the purpose of any transfer of functions made by the order, amend any of the enactments relating to those functions.
(3)Any such order may contain such supplementary, incidental and consequential provisions as may appear to the Secretary of State to be necessary or expedient.
(4)The power to make orders under this section shall not be exercisable so as to cause all or substantially all of the functions of the London Regional Transport group to become functions of, or of subsidiaries of, the Railways Board.
(5)Before making any order under this section the Secretary of State shall consult with—
(a)London Regional Transport;
(b)the Railways Board ;
(c)the Passengers' Committee ; and
(d)such other persons (if any) as the Secretary of State may think fit.
(6)In the case of an order under this section making such provision as is mentioned in section 46(1) of this Act, the property, rights and liabilities in question shall, subject to subsection (8) below, be transferred and vest in accordance with the order on such date as may be appointed by the order for that purpose.
(7)Section 46(5) of this Act shall apply in relation to a transfer under subsection (6) above as it applies in relation to a transfer under subsection (4) of that section.
(8)Subject to subsection (9) below, Schedule 4 to the 1968 Act shall apply to any transfer under subsection (6) above ; and subsection (6) above shall have effect subject to the provisions of that Schedule.
(9)In Schedule 4 as it applies by virtue of subsection (8) above—
(a)any reference to a transfer by or a vesting by virtue of that Act shall be read as a reference to a transfer by or a vesting by virtue of the order in question ; and
(b)the reference in paragraph 13(5) to the relevant provisions of that Act shall be read as including a reference to the relevant provisions of this Act.
(10)No order shall be made under this section unless a draft of the order has been laid before, and approved by a resolution of, each House of Parliament.
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