(1)In Part V of the [1989 c. 42.] Local Government and Housing Act 1989 (companies in which local authorities have interests) section 67 (application of, and orders under, the Part) shall be amended as follows.
(2)In subsection (3) (which specifies the bodies which are local authorities for the purposes of the Part) 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;”.