After subsection (2) of section 3 of the [1984 c. 32.] London Regional Transport Act 1984 (general powers) there shall be inserted the following subsections—
“(2A)London Regional Transport shall also have power, with the consent of the Secretary of State, to enter into and carry out an agreement with any person for the carrying on by that person (“the contractor”) of any activities which London Regional Transport does not have power to carry on if the agreement includes provision for one or more of the following, namely—
(a)the carrying on by the contractor of such activities as are mentioned in subsection (2) above;
(b)the provision by the contractor to London Regional Transport of services ancillary to the provision of public passenger transport services; and
(c)the use by the contractor of land or other property owned by London Regional Transport, or transferred to the contractor by London Regional Transport for the purposes of the agreement.
(2B)Where an agreement has been entered into under subsection (2) or (2A) above, the powers conferred on London Regional Transport by that subsection include power to enter into and carry out other agreements with other persons for the purpose of—
(a)fulfilling any condition which must be fulfilled before the agreement can have effect; or
(b)satisfying any requirement imposed by or under the agreement.”