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| | 3 (1) | The reservation of any body to which this paragraph applies has effect to |
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| | (a) | its constitution, including its establishment and dissolution, its assets |
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| | and liabilities and its funding and receipts, |
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| | (b) | conferring functions on it or removing functions from it, |
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| | (c) | conferring or removing any functions specifically exercisable in |
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| | (2) | This paragraph applies to— |
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| | (a) | a body reserved by name by Part 2 of this Schedule, |
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| | (b) | each of the councils reserved by section C12 of that Part, |
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| | (c) | the Commission for Racial Equality, the Equal Opportunities |
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| | Commission and the National Disability Council. |
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| | Financial assistance to industry |
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| | 4 (1) | This Schedule does not reserve giving financial assistance to commercial |
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| | activities for the purposes of promoting or sustaining economic development |
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| | (a) | does not apply to giving financial assistance to any activities in |
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| | pursuance of a power exercisable only in relation to activities which |
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| | (b) | does not apply to Part 1 of this Schedule, except paragraph 9, or to a |
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| | body to which paragraph 3 of this Part of this Schedule applies, |
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| | (c) | is without prejudice to the exceptions from the reservations in sections |
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| | E2 and E3 of Part 2 of this Schedule. |
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| | (3) | Sub-paragraph (1) does not affect the question whether any matter other than |
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| | financial assistance to which that sub-paragraph applies is reserved. |
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| | 5 (1) | References in this Schedule to the subject matter of any enactment are to be |
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| | read as references to the subject matter of that enactment as it has effect on the |
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| | principal appointed day or, if it ceased to have effect at any time within the |
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| | period ending with that day and beginning with the day on which this Act is |
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| | passed, as it had effect immediately before that time. |
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| | (2) | Subordinate legislation under section 129(1) may, in relation to the operation |
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| | of this Schedule at any time before the principal appointed day, modify the |
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| | references to that day in sub-paragraph (1).’. |
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| | Bill reported, with amendments. |
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