(1)Section 39 of the [1989 c. 42.] Local Government and Housing Act 1989 (application of Part IV) shall be amended as follows.
(2)In subsection (1) (which specifies the authorities with respect to whose finances the Part applies) after paragraph (b) there shall be inserted—
“(bb)the Greater London Authority;
(bc)a functional body, within the meaning of the Greater London Authority Act 1999;”.
(3)In consequence of the amendment made by subsection (2) above, in subsection (1) the paragraph (bb) inserted after paragraph (a) by paragraph 88 of Schedule 16 to the [1994 c. 19.] Local Government (Wales) Act 1994 (county borough council) shall become paragraph (aa).
(4)In subsection (3) (bodies which may be prescribed by regulations under subsection (1)(k)) at the end of paragraph (c) there shall be inserted “or”.