76.Subsections (1) and (2) provide that the regional development agencies (except the London Development Agency) are abolished.
77.Subsection (4) confers power on the Secretary of State to make provision for activities begun by a regional development agency to be continued or completed by another person. Subsections (5) and (6) allow for persons continuing or completing activities to exercise any power that the regional development agency exercised including powers of compulsory acquisition of land or rights over land and rights of entry.
78.Subsection (7) enables the Secretary of State to make an order to make consequential or supplementary provision and so on.
79.Subsection (8) sets out the procedure for orders made under this section. An order is subject to the affirmative resolution procedure if it contains a provision repealing or amending an enactment. In all other cases, an order is subject to the negative resolution procedure.
80.Subsections (9) and (10) enable the Secretary of State to make a scheme to transfer property, rights and liabilities of a regional development agency to an eligible person. The transfer scheme may be included in an order under subsection (4), and if not, it must be laid before Parliament after being made.