SCHEDULES

SCHEDULE 5Amendments of the New Towns Act 1981

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1

Section 41 (transfer of property to Commission and dissolution of corporation) is amended as follows.

2

In the heading, omit “to Commission”.

3

In subsection (1)—

a

for “Secretary of State” substitute “ appropriate national authority ”,

b

for “he” substitute “ the authority ”, and

c

in paragraph (a), for “Commission” substitute “ relevant transferee ”.

4

In subsection (1A) for “in relation to Wales” substitute “ in the case of a development corporation established by the Welsh Ministers ”.

5

In subsection (2)—

a

for “Commission” substitute “ relevant transferee ”, and

b

in paragraph (b)—

i

for “Secretary of State” substitute “ appropriate national authority ”, and

ii

for “him” substitute “ the authority ”.

6

In subsection (4) for “Secretary of State” substitute “ appropriate national authority ”.

7

In subsection (5) for “Commission” substitute “ relevant transferee ”.