An Act to confer further powers upon Transport for London; and for related purposes.
[4th May 2016]
WHEREAS—
It is expedient that the powers of Transport for London should be extended and amended as provided in this Act:
It is expedient that subsidiaries of Transport for London should have further powers as regards giving security for borrowing:
It is expedient that Transport for London should have further powers as regards the carrying out of activities specified pursuant to section 157 of the Greater London Authority Act 1999:
It is expedient that further provision be made as regards risk mitigation:
It is expedient that the other provisions contained in this Act should be enacted:
The purposes of this Act cannot be effected without the authority of Parliament:
In relation to the promotion of the Bill for this Act, Transport for London has complied with the requirements of section 167 of, and Schedule 13 to, the Greater London Authority Act 1999:
May it therefore please your Majesty that it may be enacted, and be it enacted, by the Queen’s Most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—