Transport Act 1985 (c. 67)

Part III E+W+S The National Bus Company

The Bus Company’s disposal programme E+W+S

F1 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F1 S. 47 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F2 48 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F2 S. 48 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

Powers of disposal E+W+S

F3 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F3 S. 49 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F4 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F4 S. 50 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F5 51 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F5 S. 51 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F6 52 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F6 S. 52 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

Miscellaneous and supplementary E+W+S

F7 53 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W+S

Textual Amendments

F7 S. 53 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

54 Dissolution of the Bus Company. E+W+S

(1) When it appears to the Secretary of State that the Bus Company have completed their disposal programme, the Secretary of State may by order provide for the dissolution of the Company.

(2) Any such order may provide for the disposal of any remaining property, rights or liabilities of the Company, and may contain such supplementary, incidental and consequential provisions as may appear to the Secretary of State to be necessary or expedient.

(3) Without prejudice to the generality of subsection (2) above, any such order may in particular make provision—

(a) F8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b) F8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c) F8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d) making such amendments or repeals in any provision of the 1962 Act or the 1968 Act or of this or any other Act as appear to the Secretary of State to be required in consequence of the dissolution of the Company.

(4) F9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5) F10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F8 S. 54(3)(a)-(c) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

F9 S. 54(4) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

F10 S. 54(5) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

55 Reduction of assets of National Loans Fund. E+W+S

F11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F11 S. 55 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

56 Interpretation of Part III. E+W+S

In this Part of this Act—

(a) references to the Bus Company shall be read in accordance with section 47(1) of this Act; and

(b) “the Company’s disposal programme” has the meaning given by subsection (4) of that section.