# Localism Act 2011, Section 191: Abolition of London Development Agency and transfer of its property etc

Extent: E+W

(1) The London Development Agency ceases to exist on the day on which this subsection comes into force.
(2) The Secretary of State may at any time make a scheme (a “transfer scheme”) transferring the property, rights and liabilities of the London Development Agency that are specified in the scheme to—
(a) the Greater London Authority,
(b) a functional body,
(c) a company that is a subsidiary of the Greater London Authority,
(d) the Secretary of State,
(e) a London borough council, or
(f) the Common Council of the City of London.
(3) Before making a transfer scheme, the Secretary of State must consult the Mayor of London.
(4) The Secretary of State may by order specify another person, or a description of other persons, to whom property, rights or liabilities of the London Development Agency may be transferred by a transfer scheme.
(5) In this section—
“company” means—
(a)a company within the meaning given by section 1(1) of the Companies Act 2006, or
(b) 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;
“rights” and “liabilities” include rights, or (as the case may be) liabilities, in relation to a contract of employment;
“subsidiary” has the meaning given by section 1159 of the Companies Act 2006.

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Source: https://www.legislation.gov.uk/ukpga/2011/20/section/191 (the official version)
Page: https://openlegislation.uk/localism-act-2011/section-191
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.