No versions valid at: 15/01/2001
Point in time view as at 15/01/2001. This version of this provision is not valid for this point in time.
Transport Act 2000, Section 218 is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Yn ddilys o 30/01/2001
(1)Schedule 19 makes provision for the transfer to the Authority of other property, rights and liabilities of the Board.
(2)Any property, rights and liabilities which are transferred to the Authority by virtue of Schedule 19 but are not required by the Authority for the discharge of any of its other functions shall be disposed of or otherwise dealt with by the Authority—
(a)in accordance with directions given to it by the Secretary of State, and
(b)subject to that, in the way which appears to the Authority most economic and efficient.
(3)For the purposes of subsection (2) (and subject to directions given to it by the Secretary of State), the Authority may (in particular)—
(a)retain and manage property,
(b)develop land with a view to disposing of it, and
(c)acquire land for the purpose of developing it with the land which it adjoins.
(4)Section 207 does not apply to the functions in subsections (2) and (3).
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