17(1)London Regional Transport may do anything they think fit for the purpose of advancing—
(a)the skill of persons employed by them or by any subsidiary of theirs ;
(b)the efficiency of the equipment of London Regional Transport or of any subsidiary of theirs or of the manner in which that equipment is operated ;
including providing, or assisting others in providing, facilities for training, education and research.
(2)London Regional Transport may provide houses, hostels and other similar accommodation for persons employed by them or by any subsidiary of theirs.
(3)London Regional Transport may make housing loans to persons employed by them or by any subsidiary of theirs to assist them to acquire housing accommodation and may guarantee loans made by building societies and other bodies to such persons for housing purposes.