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8.—(1) Subject to article 10,—
(a)in relation to qualifying hereditaments in the Mayoral development area, the Corporation has the functions conferred by section 47(3) and (6) of the 1988 Act(1) to the effect that section 47 of the 1988 Act applies as regards a hereditament, and
(b)in relation to a hereditament as regards which section 47 of the 1988 Act applies as a result of a decision made by the Corporation, the Corporation has the function of making the determinations mentioned in section 47(1)(a) of the 1988 Act.
(2) In paragraph (1) ‘qualifying hereditament’ has the same meaning as in section 214(9) of the 2011 Act.
Section 47(3) was amended by paragraph 65 of Schedule 13 to the Local Government Finance Act 1992 (c. 14) and section 69(4) of the Localism Act 2011.
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