154Establishment
(1)There shall be a body corporate to be known as Transport for London.
(2)Transport for London shall have the functions conferred or imposed on it by this Act, or made exercisable by it under this Act, and any reference in this Act to the functions of Transport for London includes a reference to any functions made exercisable by it under this Act.
(3)Transport for London shall exercise its functions—
(a)in accordance with such guidance or directions as may be issued to it by the Mayor under section 155(1) below,
(b)for the purpose of facilitating the discharge by the Authority of the duties under section 141(1) and (2) above, and
(c)for the purpose of securing or facilitating the implementation of the transport strategy.
(4)Schedule 10 shall have effect with respect to Transport for London.