2 Modification of the Regional Development Agencies Act 1998
The Regional Development Agencies Act 1998 shall apply in relation to the London Development Agency with the following modifications—
(a) section 2 shall apply as if the following subsection were added—

“12 This section is subject to Schedule 2A (which makes transitional provisions for the purposes of the London Development Agency).”

;
(b) the Act shall apply as if the following Schedule were inserted after Schedule 2 (constitution of agencies)—

“SCHEDULE 2A TRANSITIONAL PROVISIONS FOR THE LONDON DEVELOPMENT AGENCY
section 2(12)
1 Until the day on which at least 8 members of the agency appointed by the Mayor under section 2(1) take office, the London Development Agency shall consist of not less than 2 and not more than 4 members appointed by the Secretary of State (“the interim members”), and the Secretary of State shall designate one of those members as chairman of the agency.
2 Subject to paragraph 3, the interim members shall hold office in accordance with the terms of their appointment.
3 (1) The appointments of the interim members shall cease at such time on the day on which the Mayor’s appointments under section 2(1) are due to take effect as the Mayor shall specify in a notice in writing to the Secretary of State.
(2) Such notice shall be given not later than 3 days before the day on which the Mayor’s appointments are due to take effect or such shorter period before the time specified in the notice as the Mayor and the Secretary of State may agree.
4 Schedule 2 (constitution of agencies) has effect in relation to the interim members as if—
(a) paragraphs 1(1), 1(4), 2(2), 3 and 3A were omitted;
Paragraphs 1(4) and 2(2) and 3A of Schedule 2 to the Regional Development Agencies Act 1998 were inserted by paragraphs 20(2), (4) and (5) of Schedule 25 to the Greater London Authority Act 1999.
(b) in paragraph 2, the words from “and shall, on ceasing to be chairman” to the end were omitted; and
(c) in paragraph 4(2)(a), for “chairman (or chairman designate)” there were substituted “person, if any, whom the Mayor proposes will be the chairman ”.”

; and
(c) section 6 (delegation of functions by Ministers) shall apply as if the following subsection were added—

“8 Subsection (3) shall not apply in relation to any delegation of functions to the London Development Agency under subsection (1) that is made before at least 8 members of the agency appointed by the Mayor under section 2(1) take office.”

.
Section 305(1) of the Greater London Authority Act 1999 inserts subsection (7) in section 6 of the Regional Development Agencies Act 1998.
1998 c. 45. The Act is amended, so far as it relates to the London Development Agency, by Part V of, and Schedule 25 to, the Greater London Authority Act 1999. Section 304 of that Act inserts subsection (6) to (11) in section 2 of the Regional Development Agencies Act 1998.