# Stock Transfer Act 1982, Paragraph 7

Extent: E+W+S+N.I.

(1) Securities issued by—
(a) any local authority in the United Kingdom;
(b) any authority all or the majority of the members of which are appointed or elected by one or more local authorities in the United Kingdom; or
(ba) any police and crime commissioner.
(bb) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) the Receiver for the Metropolitan Police District.
(2) In sub-paragraph (1) above “local authority” means—
(a) any of the following authorities in England and Wales, namely, the Greater London Authoritya county council . . . , a district council, a London borough council, the Common Council of the City of London , a functional body (within the meaning of the Greater London Authority Act 1999), . . . a joint authority established by Part IV of the Local Government Act 1985 , an economic prosperity board established under section 88 of the Local Democracy, Economic Development and Construction Act 2009, a combined authority established under section 103 of that Act , a combined county authority established under section 9(1) of the Levelling-up and Regeneration Act 2023 ... or the Council of the Isles of Scilly;
(b) any council constituted under section 2 of the Local Government etc. (Scotland) Act 1994
(c) a council, within the meaning of the Local Government Act (Northern Ireland) 1972;
and any reference to a security issued by a local authority includes a reference to a security the liability for which is for the time being vested in a local authority (being a security issued by an authority which has ceased to exist).

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Source: https://www.legislation.gov.uk/ukpga/1982/41/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/stock-transfer-act-1982/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.