Greater London Authority Bill

Greater London Authority Bill - continued	House of Lords

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PART XI

MISCELLANEOUS AND GENERAL PROVISIONS

The Trustee Investments Act 1961.

307. - (1) The Trustee Investments Act 1961 shall be amended as follows.

(2) In section 11 (local authority investment schemes) in subsection (4) (the authorities to which the section applies) in paragraph (a)-

(a) after "England and Wales" there shall be inserted ", the Greater London Authority,"; and

(b) after "Common Council of the City of London" there shall be inserted ", a functional body (within the meaning of the Greater London Authority Act 1999),".

(3) In Schedule 1, in Part II (narrower-range investments requiring advice), in paragraph 9-

(a) after paragraph (a) there shall be inserted-

	"(aa) the Greater London Authority;
	(ab) any functional body, within the meaning of the Greater London Authority Act 1999;"; and

(b) in paragraph (d), the words "the Receiver for the Metropolitan Police District or" shall cease to have effect.

The Local Authorities (Goods and Services) Act 1970.

308. In section 1(4) of the Local Authorities (Goods and Services) Act 1970, in the definition of "local authority"-

(a) after "London borough," there shall be inserted "the Greater London Authority,"; and

(b) after "any joint authority established by Part IV of the Local Government Act 1985" there shall be inserted "and the London Fire and Emergency Planning Authority, Transport for London and the London Development Agency".

The Superannuation Act 1972.

309. - (1) Employment with-

(a) the Authority,

(b) Transport for London,

(d) the Metropolitan Police Authority, or

(e) the London Transport Users' Committee,

shall be included among the kinds of employment to which a scheme under section 1 of the Superannuation Act 1972 can apply.

(2) Accordingly, in Schedule 1 to that Act (in which those kinds of employment are listed) the following entries shall be inserted in the list of "Other bodies" at the appropriate places-

	" "The Greater London Authority."
	"The London Development Agency."
	"The London Transport Users' Committee."
	"The Metropolitan Police Authority."
	"Transport for London.""

(3) Each of the bodies specified in subsection (1) above shall pay to the Minister for the Civil Service at such times as he may direct, such sums as he may determine in respect of the increase attributable to this section (so far as referable to that body) in the sums payable under the Superannuation Act 1972 out of money provided by Parliament.

(4) Where an employee of any of the bodies specified in subsection (1) above-

(a) is, by reference to that employment, a participant in a scheme under section 1 of the Superannuation Act 1972, and

(b) is also a member of that body,

the Minister for the Civil Service may determine that his service as such a member shall be treated for the purpose of the scheme as service as an employee of that body.

The Race Relations Act 1976.

310. The following bodies, namely-

(a) the Authority,

(b) the Metropolitan Police Authority, and

shall each be treated as a local authority for the purposes of section 71 of the Race Relations Act 1976 (general statutory duty of local authorities).

The Stock Transfer Act 1982.

311. - (1) In Schedule 1 to the Stock Transfer Act 1982 (specified securities) paragraph 7 (securities issued by local authorities etc) shall be amended as follows.

(2) In sub-paragraph (1), at the end of paragraph (ba) there shall be inserted "or" and paragraph (c) (which relates to the Receiver for the Metropolitan Police District) and the word "or" immediately preceding it shall cease to have effect.

(3) In sub-paragraph (2) (which defines "local authority") in paragraph (a)-

(a) after "namely," there shall be inserted "the Greater London Authority,"; and

(b) after "Common Council of the City of London" there shall be inserted ", a functional body (within the meaning of the Greater London Authority Act 1999),".

Companies in which local authorities have interests.

312. - (1) In Part V of the Local Government and Housing Act 1989 (companies in which local authorities have interests) section 67 (application of, and orders under, the Part) shall be amended as follows.

(2) In subsection (3) (which specifies the bodies which are local authorities for the purposes of the Part) after paragraph (b) there shall be inserted-

	"(bb) the Greater London Authority;
	(bc) a functional body, within the meaning of the Greater London Authority Act 1999;".

Prepared 10 May 1999