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(1)In this Act “transport subsidiary’s agreement” means an agreement with a person (“the contractor”)—
(a)which is entered into by, or transferred to, a subsidiary of Transport for London, and
(b)which falls within subsection (2) or (3) below.
(2)An agreement falls within this subsection if it includes provision for the carrying on by the contractor, whether as agent for the subsidiary or otherwise, of any activities which Transport for London has power to carry on; and such an agreement may include provision with respect to the provision or financing of any public passenger transport services.
(3)An agreement falls within this subsection if it includes provision for the carrying on by the contractor of any activities which Transport for London does not have power to carry on and also 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 the subsidiary 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 Transport for London or a subsidiary of Transport for London, or transferred to the contractor by Transport for London or a subsidiary of Transport for London, for the purposes of the agreement.
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