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6.—(1) The Tyne and Wear integrated transport area is dissolved and the ITA is abolished.
(2) On the abolition of the ITA—
(a)its functions; and
(b)its property, rights and liabilities,
are transferred to the Combined Authority.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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