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| Transfer of property etc to the Authority. |
143. - (1) There shall be transferred to and vest in Transport for London by virtue of this subsection all property, rights and liabilities to which London Regional Transport is entitled or subject immediately before it ceases to exist.
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(2) Subsection (1) above has effect in relation to property, rights or liabilities to which it applies in spite of any provision (of whatever nature) which would prevent or restrict the transfer of the property, rights or liabilities otherwise than by that subsection.
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| Transitional provisions. |
144. - (1) Nothing in section 142 or 143, or in any repeal made by this Act, affects the validity of anything done by or in relation to London Regional Transport before it ceases to exist.
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(2) There may be continued by or in relation to Transport for London anything (including legal proceedings) which-
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(a) relates to any of the functions of London Regional Transport or to any property, rights or liabilities transferred by section 143(1), and |
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(b) is in the process of being done by or in relation to London Regional Transport immediately before it ceases to exist. |
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(3) Anything which-
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(a) was done by London Regional Transport for the purpose of or in connection with any of its functions, or in connection with any of its property, rights or liabilities transferred by section 143(1), and |
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(b) is in effect immediately before it ceases to exist, |
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shall have effect as if done by Transport for London.
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(4) Transport for London shall be substituted for London Regional Transport in any instruments, contracts or legal proceedings which-
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(a) relate to any of the functions of London Regional Transport or to any property, rights or liabilities transferred by section 143(1), and |
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(b) are made or commenced before London Regional Transport ceases to exist. |
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(5) Any functions of the London Transport Executive established under section 4 of the Transport (London) Act 1969 which by virtue of section 67(1) of the London Regional Transport Act 1984 are exercisable by London Regional Transport immediately before it ceases to exist shall be exercisable by Transport for London after London Regional Transport ceases to exist.
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| Construction of references in Local and Personal Acts. |
145. Any reference in or by virtue of any Local or Personal Act which has effect as a reference to London Regional Transport immediately before it ceases to exist, shall have effect as a reference to Transport for London.
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CHAPTER IV |
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REGULATION OF BUS SERVICES IN GREATER LONDON |
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Introductory |
| London local services. |
146. - (1) In this Part-
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"local service" has the meaning given to it by section 2 of the Transport Act 1985, and |
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"London local service" means a local service with one or more stopping places in Greater London. |
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(2) Where a local service is or is to be provided both inside and outside Greater London, any part of the service which is or is to be provided outside Greater London shall be treated as a separate service for the purposes of this Part if there is any stopping place for that part of the service outside Greater London.
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(3) For the purposes of this Part of this Act a service provided in pursuance of an agreement with the Railways Board or the Director of Passenger Rail Franchising, entered into under section 4A of the Transport Act 1962 (temporary interruption of railway service), is not a London local service.
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