PART 8

London
CHAPTER 2

Mayoral development corporations

Object and main power

Object and powers
201
1
The object of an MDC is to secure the regeneration of its area.
2
An MDC may do anything it considers appropriate for the purposes of its object or for purposes incidental to those purposes.
3
In this section “specific power”, in relation to an MDC, means any of the MDC’s powers other than its powers under subsection (2).
4
An MDC’s specific powers are to be exercised for the purposes of its object or for purposes incidental to those purposes.
5
Each of an MDC’s specific powers may be exercised separately or together with, or as part of, another of its specific powers.
6
None of an MDC’s specific powers limits the scope of its other specific powers.
7
None of an MDC’s specific powers limits the scope of its powers under subsection (2).
8
But—
a
subsections (4) and (5) do not apply to an MDC in its capacity as a local planning authority as a result of decisions under section 202 or in its exercise of other functions as a result of decisions under that section,
b
subsection (4) does not apply to the exercise of a function by an MDC in consequence of an authorisation under section 38 of the Greater London Authority Act 1999 (delegation by Mayor), and
c
the powers conferred by subsection (2) must not be used to override a restriction imposed on the exercise of a specific power.