(1)The M1Trustee Investments Act 1961 shall be amended as follows.
(2)In section 11 (local authority investment schemes) in subsection (4) (the authorities to which the section applies) in paragraph (a)—
(a)after “England and Wales” there shall be inserted “ , the Greater London Authority, ”; and
(b)after “Common Council of the City of London” there shall be inserted “ , a functional body (within the meaning of the Greater London Authority Act 1999), ”.
(3)In Schedule 1, in Part II (narrower-range investments requiring advice), in paragraph 9—
(a)after paragraph (a) there shall be inserted—
“(aa)the Greater London Authority;
(ab)any functional body, within the meaning of the Greater London Authority Act 1999;”; and
(b)in paragraph (d), the words “the Receiver for the Metropolitan Police District or” shall cease to have effect.
Commencement Information
I1S. 387 wholly in force at 3.7.2000; s. 387 not in force at Royal Assent see s. 425(2); s. 387 in force for specified purposes at 8.5.2000 by S.I. 1999/3434, art. 3; s. 387 in force at 3.7.2000 other than for the purposes of (3)(b), insofar as not already in force by S.I. 1999/3434, art. 4; s. 387 in force (3.7.2000) in so far as not already in force by S.I. 2000/801, art. 2(2)(c), Sch. Pt. 3
Marginal Citations