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In section 2 of the [1998 c. 45.] Regional Development Agencies Act 1998 (constitution of the regional development agencies) after subsection (5) there shall be inserted—
“(6)Subsection (3)(d) does not apply in relation to the London Development Agency.
(7)Subsections (1) to (4), apart from subsection (3)(d), have effect in relation to the London Development Agency—
(a)as if references to the Secretary of State were references to the Mayor of London, and
(b)subject to subsections (8) to (11).
(8)The Mayor of London must also consult the London Assembly before making an appointment under subsection (1).
(9)The Mayor of London may only make an appointment under subsection (1) if, after the appointment takes effect, there will be at least four members of the London Development Agency who are, or were at the time of their appointment, elected members of—
(a)the London Assembly,
(b)a London borough council, or
(c)the Common Council of the City of London.
(10)The Mayor of London may only make an appointment under subsection (1) if, after the appointment takes effect, at least half of the members of the London Development Agency will be persons who appear to the Mayor to be persons who have experience of running a business.
(11)The Mayor of London may only designate a person under subsection (4)(a) to be the chairman of the London Development Agency if that person appears to the Mayor to be a person who has experience of running a business.”
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