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Schemes For Transfer Of Individual Council Bus Undertakings To Companies Formed Under Section 61

Volume 79: debated on Wednesday 22 May 1985

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Amendment made: No. 82, in page 60, line 24, at end insert

', except where any of the activities of the council's bus undertaking ("the separate activities") are carried on by the council otherwise than in pursuance of any such agreement or arrangements as are mentioned in section 61(3) of this Act; and in the latter case the reference in subsection (1)(a) above to property rights and liabilities of the council shall be read as limited to property used or appropriated for use and rights and liabilities subsisting for the purposes of the separate activities.'. — [Mr. Ridley.]