Explanatory note

This Order makes a further modification to Schedule 4 to the Transport Act 1968,as modified in its application to transfers under sections 50(4), 59(7), 61(11) and 68(7) of the Transport Act 1985 by the Transport Act 1985 (Modifications in Schedule 4 to the Transport Act 1968) Order 1985. The text of Schedule 4 as so modified is setout in the Second Schedule to that Order. This Order adds a further paragraph to the modified Schedule 4 for the purpose of adapting the provisions of that Schedule to transfer schemes under section 61 of the Transport Act 1985, whereby the undertaking of a public transport company owned by a Passenger Transport Authority is divided between two or more successor companies.