- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)The [1961 c. 62.] Trustee Investments Act 1961 shall be amended as follows.
(2)In section 11 (local authority investment schemes) in subsection (4) (the authorities to which the section applies) in paragraph (a)—
(a)after “England and Wales” there shall be inserted “, the Greater London Authority,”; and
(b)after “Common Council of the City of London” there shall be inserted “, a functional body (within the meaning of the Greater London Authority Act 1999),”.
(3)In Schedule 1, in Part II (narrower-range investments requiring advice), in paragraph 9—
(a)after paragraph (a) there shall be inserted—
“(aa)the Greater London Authority;
(ab)any functional body, within the meaning of the Greater London Authority Act 1999;”; and
(b)in paragraph (d), the words “the Receiver for the Metropolitan Police District or” shall cease to have effect.
In section 1(4) of the [1970 c. 39.] Local Authorities (Goods and Services) Act 1970, in the definition of “local authority”—
(a)after “London borough,” there shall be inserted “the Greater London Authority,”; and
(b)after “any joint authority established by Part IV of the [1985 c. 51.] Local Government Act 1985” there shall be inserted “and the London Fire and Emergency Planning Authority, Transport for London and the London Development Agency”.
(1)Employment with—
(a)the Authority,
(b)Transport for London,
(c)the London Development Agency,
(d)the Metropolitan Police Authority, or
(e)the London Transport Users' Committee,
shall be included among the kinds of employment to which a scheme under section 1 of the [1972 c. 11.] Superannuation Act 1972 can apply.
(2)Accordingly, in Schedule 1 to that Act (in which those kinds of employment are listed) the following entries shall be inserted in the list of “Other bodies” at the appropriate places—
“The Greater London Authority.”
“The London Development Agency.”
“The London Transport Users' Committee.”
“The Metropolitan Police Authority.”
“Transport for London.”
(3)Each of the bodies specified in subsection (1) above shall pay to the Minister for the Civil Service, at such times as he may direct, such sums as he may determine in respect of the increase attributable to this section (so far as referable to that body) in the sums payable under the [1972 c. 11.] Superannuation Act 1972 out of money provided by Parliament.
(4)Where an employee of any of the bodies specified in subsection (1) above—
(a)is, by reference to that employment, a participant in a scheme under section 1 of the [1972 c. 11.] Superannuation Act 1972, and
(b)is also a member of that body,
the Minister for the Civil Service may determine that his service as such a member shall be treated for the purpose of the scheme as service as an employee of that body.
(5)A determination under subsection (4) above shall be without prejudice to—
(a)paragraph 2(6) of Schedule 10 to this Act, in the case of Transport for London;
(b)paragraph 2 of Schedule 18 to this Act, in the case of the London Transport Users' Committee; or
(c)paragraph 3 of Schedule 2 to the [1998 c. 45.] Regional Development Agencies Act 1998, in the case of the London Development Agency.
(6)In consequence of the inclusion, by virtue of subsection (2) above, of an entry relating to the London Development Agency in Schedule 1 to the [1972 c. 11.] Superannuation Act 1972, in the entry in that Schedule relating to a development agency established under section 1 of the [1998 c. 45.] Regional Development Agencies Act 1998, there shall be added at the end “(other than the London Development Agency (for which there is a separate entry))”.
(1)The Minister for the Civil Service may, to such extent and subject to such conditions as he thinks fit, delegate to any person the function of administering a scheme made under section 1 of the [1972 c. 11.] Superannuation Act 1972, so far as relating to employees of any of the bodies specified in section 389(1) above.
(2)A person to whom the function of administering a scheme made under section 1 of the [1972 c. 11.] Superannuation Act 1972 is delegated under subsection (1) above may, to such extent and subject to such conditions as he may determine, authorise the exercise of that function by, or by employees of, any person.
(3)Where a person is authorised under subsection (2) above to exercise the function of administering a scheme made under section 1 of the [1972 c. 11.] Superannuation Act 1972, anything done or omitted to be done by or in relation to him (or an employee of his) in, or in connection with, the exercise or purported exercise of the function shall be treated for all purposes as done or omitted to be done by the person who authorised him.
(4)Subsection (3) above does not apply for the purposes of—
(a)any criminal proceedings against the authorised person (or any employee of his); or
(b)any contract between him and the person who authorised him, so far as relating to the function.
The following bodies, namely—
(a)the Authority,
(b)the Metropolitan Police Authority, and
(c)the London Fire and Emergency Planning Authority,
shall each be treated as a local authority for the purposes of section 71 of the [1976 c. 74.] Race Relations Act 1976 (general statutory duty of local authorities).
(1)In Schedule 1 to the [1982 c. 41.] Stock Transfer Act 1982 (specified securities) paragraph 7 (securities issued by local authorities etc) shall be amended as follows.
(2)In sub-paragraph (1), at the end of paragraph (ba) there shall be inserted “or” and paragraph (c) (which relates to the Receiver for the Metropolitan Police District) and the word “or” immediately preceding it shall cease to have effect.
(3)In sub-paragraph (2) (which defines “local authority”) in paragraph (a)—
(a)after “namely,” there shall be inserted “the Greater London Authority,”; and
(b)after “Common Council of the City of London” there shall be inserted “, a functional body (within the meaning of the Greater London Authority Act 1999),”.
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: