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Greater London Authority Act 1999
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- UK Public General Acts
- 1999 c. 29
- SCHEDULE 11
- Acquisition of undertakings etc
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Acquisition of undertakings etc
24Transport for London may acquire any undertaking or part of an undertaking if the assets comprised in the undertaking or the part of the undertaking are wholly or mainly assets which Transport for London requires for the purposes of discharging any of its functions.
25For the purposes of discharging any of its functions, Transport for London may subscribe for or acquire any securities of a body corporate.
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