Hansard

Transfers Of Lrt's Property Etc To Transport For London

Volume 330: debated on Wednesday 5 May 1999

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'.— (1) The Secretary of State shall from time to time prepare programmes for the transfer to Transport for London of property, rights and liabilities of London Regional Transport—

  • (a) for the purpose of enabling Transport for London to perform its functions as they become exercisable; or
  • (b) in preparation for the dissolution of London Regional Transport;
    • and in this Chapter "transfer programme" means a programme under this subsection.
    (2) Any powers conferred by Part XII below are exercisable for the purpose of implementing any transfer programme.
    (3) A transfer programme may include plans relating to—
  • (a) the transfer of rights and liabilities under contracts of employment;
  • (b) the provision of pensions, within the meaning of section (Pensions) below;
  • (c) the apportionment of any property, rights or liabilities;
  • (d) the creation of rights or liabilities;
  • (e) the transfer of statutory functions;
  • (f) the exercise of any other powers under Part XII below.
    • (4) A transfer programme may provide for different property, rights or liabilities to be transferred on different days.
    (5) To the extent that a transfer programme has not been implemented, it may be varied or replaced by another such programme.'. —[Mr. Dowd.]

    Brought up, read the First and Second time, and added to the Bill.