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16(1)This paragraph applies where—
(a)the body designated as an enterprise zone authority is a new town corporation or an urban development corporation; and
(b)the Secretary of State intends to make an order dissolving that body under section 41 of the [1965 c. 59.] New Towns Act 1965 or section 36 of the [1968 c. 16.] New Towns (Scotland) Act 1968 or under section 166 above.
(2)Where this paragraph applies, the Secretary of State may by order made by statutory instrument designate as the enterprise zone authority for the zone any body which he could have invited to prepare a scheme for the area comprised in the zone under paragraph 1 above.
(3)An order under this paragraph shall specify the date on which the body is to become the enterprise zone authority.
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