7(1)A transfer scheme may provide that any functions of the transferor under a relevant statutory provision—
(a)shall be transferred to the transferee;
(b)shall be concurrently exercisable by two or more transferees; or
(c)shall be concurrently exercisable by the transferor and one or more transferees.
(2)Sub-paragraph (1) above applies in relation to any function under a relevant statutory provision if and to the extent that the relevant statutory provision—
(a)relates to any property which is to be transferred by the scheme; or
(b)authorises the carrying out of works designed to be used in connection with any such property or the acquisition of land for the purpose of carrying out any such works.
(3)A transfer scheme which makes provision by virtue of this paragraph shall not have effect unless and until it is confirmed by an order made by the Secretary of State.
(4)In this paragraph “relevant statutory provision” means any provision, whether of a general or of a special nature, contained in, or in any document made or issued under—
(a)any local Act; or
(b)any order under the [1992 c. 42.] Transport and Works Act 1992.