Greater London Authority Act 1999

409 Transfer schemes

(1) A Minister of the Crown may make schemes for the transfer from the Crown to one or more bodies or persons falling within subsection (2) of section 408 above of such property, rights or liabilities as he may consider appropriate.

(2) A Minister of the Crown may by directions require a body or person falling within subsection (3) of section 408 above to make one or more schemes for the transfer to a body or person falling within subsection (2) of that section of such property, rights or liabilities as he may consider appropriate.

(3) The powers conferred by subsection (1) or (2) above are exercisable—

(a) for the general purposes, or any particular purposes, of this Act;

(b) in consequence of, or otherwise in connection with, any provision made by or under this Act;

(c) for giving full effect to this Act; or

(d) in consequence of such of the provisions of any other Act passed—

(i) before the relevant day, within the meaning of section 405 above, or

(ii) in the Session in which that day falls,

as apply to any area, or any body or person, affected by this Act.

(4) The powers conferred by subsection (1) or (2) above are also exercisable in relation to a transfer of property, rights or liabilities to the London Development Agency for any purpose for which such a transfer may be made by a scheme under the [1998 c. 45.] Regional Development Agencies Act 1998.

(5) To the extent that a scheme under subsection (1) or (2) above makes provision for or in connection with the transfer of property, rights or liabilities to the London Development Agency from—

(a) the Urban Regeneration Agency, or

(b) the Commission for the New Towns,

section 38 of the [1998 c. 45.] Regional Development Agencies Act 1998 (relief from Corporation Tax) shall apply in relation to the scheme as if it were a transfer scheme within the meaning of that section.

(6) A scheme under subsection (1) or (2) above may make any provision that may be made by order under subsection (1) of section 408 above.

(7) A scheme under subsection (1) or (2) above may make any provision that may be made by order under subsection (1) of section 411 below.

(8) Accordingly, the bodies or persons in relation to which provision may be made by virtue of subsection (7) above are not restricted to those falling within subsection (2) or (3) of section 408 above.

(9) Schedule 31 to this Act (which makes provision in relation to schemes under this section) shall have effect.