Article 3 Activities carried on for a commercial purpose

The activities specified in paragraph (2) are specified activities for the purposes of section 34A (restriction on exercise of certain powers except through a taxable body) of the Greater London Authority Act 1999.

The specified activities are the management and exploitation of land on a commercial basis with a view to the realisation of a profit in connection with the Greater London Authority’s housing, regeneration and economic development functions under the Greater London Authority Act 1999.