The Olympic Delivery Authority

I19Dissolution

1

The Secretary of State F1or the Paymaster General may by order make provision for the dissolution of the Authority.

2

An order under this section may, in particular—

a

provide for the transfer of property, rights or liabilities of the Authority to—

i

the Secretary of State, or

ii

any other person;

b

make provision enabling a person to receive anything transferred under paragraph (a) (and that provision shall have effect despite any other enactment or instrument);

c

establish a body corporate;

d

make consequential, incidental or transitional provision which may, in particular—

i

provide for anything done by or in relation to the Authority to have effect as if done by or in relation to another person;

ii

permit anything (which may include legal proceedings) which is in the process of being done by or in relation to the Authority when a transfer takes effect, to be continued by or in relation to another person;

iii

provide for a reference to the Authority in an instrument or other document to be treated as a reference to another person;

iv

amend an enactment.

3

Before making an order under this section the Secretary of State F2or the Paymaster General shall consult—

a

the Mayor of London, and

b

such other persons as the Secretary of State thinks appropriate.

4

The Secretary of State F3or the Paymaster General may not make an order under this section providing for the transfer of property, rights or liabilities to a person unless the person has consented to the transfer.

5

An order under this section—

a

may transfer rights and liabilities relating to employees, but

b

shall not affect the operation of the Transfer of Undertakings (Protection of Employment) Regulations 1981 (S.I. 1981/1794).

6

The Secretary of State F4or the Paymaster General may not make an order by virtue of subsection (5)(a) unless satisfied that sufficient notice has been given to enable compliance with any applicable requirement of those regulations.

7

An order under this section—

a

shall be made by statutory instrument, and

b

shall not be made unless a draft has been laid before Parliament.