SCHEDULES

SCHEDULE 5E+WAmendments of the New Towns Act 1981

8(1)Section 41 (transfer of property to Commission and dissolution of corporation) is amended as follows.E+W

(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 ”.