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(1)This section applies where one or more of the authorities that have undertaken a review under section 111 conclude that the exercise of the power to make an order under any one or more of sections 104 to 107 would be likely to improve—
(a)the exercise of statutory functions relating to transport in an area of a combined authority or a proposed area of a combined authority,
(b)the effectiveness and efficiency of transport in such an area,
(c)the exercise of statutory functions relating to economic development and regeneration in such an area, or
(d)economic conditions in such an area.
(2)The authorities may prepare and publish a scheme relating to the exercise of the power or powers in question.
(3)The reference in subsection (1) to an area of a combined authority includes an area that would cease to be an area of a combined authority if an order were made in relation to that area under section 107 (dissolution of a combined authority’s area).
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