Explanatory note

This Order transfers to the Commission for the New Towns, on the date of the coming into force of the Order, all the undertaking of the Teesside Development Corporation authorised by the River Tees Barrage and Crossing Act 1990 and all the functions conferred on the Corporation by that Act. (It is proposed that on 3rd April 1998 the Corporation will cease to act except for the purpose of preparing its final accounts and report and winding up its affairs and that it will be dissolved on 1st July 1998.)