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Change 1
As published
216 Transfers of property, rights and liabilities
(1) The Mayor may at any time make a scheme (a “transfer scheme”) transferring to a permitted recipient, upon such terms as the Mayor considers appropriate, any property, rights or liabilities which are for the time being vested in an MDC.
(2) A transfer scheme may provide for a transfer to a person only if the person consents; but this does not apply to a transfer to any of the following—
(a) the Greater London Authority;
(b) a functional body other than the MDC concerned;
(c) a company that is a subsidiary of the Greater London Authority;
(d) a combined authority;
(e) a company that is a subsidiary of a combined authority;
(f) a CCA;
(g) a company that is a subsidiary of a CCA.
(3) The Mayor must publish a transfer scheme as soon after it is made as is reasonably practicable.
(4) In this section—
“company” means—
a company within the meaning given by section 1(1) of the Companies Act 2006, or
a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under the Industrial and Provident Societies Act (Northern Ireland) 1969;
“functional body” has the meaning given by section 424(1) of the Greater London Authority Act 1999;
“permitted recipient” , in relation to an MDC for an area in Greater London, means—
the Greater London Authority,
a functional body other than the MDC concerned,
a company that is a subsidiary of the Greater London Authority,
a London borough council,
the Common Council of the City of London, or
any other person;
in relation to an MDC for an area in the area of a combined authority, means—
the combined authority,
a company that is a subsidiary of the combined authority, or
any other person;
in relation to an MDC for an area in the area of a CCA, means—
the CCA,
a company that is a subsidiary of the CCA,
any district council whose local authority area is within the area of the CCA or
any other person;
“subsidiary” has the meaning given by section 1159 of the Companies Act 2006.
Your change, as a redline
216 Transfers of property, rights and liabilities
(1) The Mayor may at any time make a scheme (a “transfer scheme”) transferring to a permitted recipient, upon such terms as the Mayor considers appropriate, any property, rights or liabilities which are for the time being vested in an MDC.
(2) A transfer scheme may provide for a transfer to a person only if the person consents; but this does not apply to a transfer to any of the following—
(a) the Greater London Authority;
(b) a functional body other than the MDC concerned;
(c) a company that is a subsidiary of the Greater London Authority;
(d) a combined authority;
(e) a company that is a subsidiary of a combined authority;
(f) a CCA;
(g) a company that is a subsidiary of a CCA.
(3) The Mayor must publish a transfer scheme as soon after it is made as is reasonably practicable.
(4) In this section—
“company” means—
a company within the meaning given by section 1(1) of the Companies Act 2006, or
a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under the Industrial and Provident Societies Act (Northern Ireland) 1969;
“functional body” has the meaning given by section 424(1) of the Greater London Authority Act 1999;
“permitted recipient” , in relation to an MDC for an area in Greater London, means—
the Greater London Authority,
a functional body other than the MDC concerned,
a company that is a subsidiary of the Greater London Authority,
a London borough council,
the Common Council of the City of London, or
any other person;
in relation to an MDC for an area in the area of a combined authority, means—
the combined authority,
a company that is a subsidiary of the combined authority, or
any other person;
in relation to an MDC for an area in the area of a CCA, means—
the CCA,
a company that is a subsidiary of the CCA,
any district council whose local authority area is within the area of the CCA or
any other person;
“subsidiary” has the meaning given by section 1159 of the Companies Act 2006.
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