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(1)Subject to subsections (2) and (3) below, the functions under the [1952 c. 54.] Town Development Act 1952 which the [1972 c. 70.] Local Government Act 1972 conferred on county councils shall cease to be exercisable by such councils.
(2)Nothing in this section shall affect—
(a)any undertaking under section 4 or 10(3) of the Town Development Act 1952 ; or
(b)any agreement under section 8 of that Act,
which a county council have given or made before the passing of this Act.
(3)The repeal of section 11 of the Town Development Act 1952 (modification of enactments consequential on participation by county council) shall not affect any orders under that section which are in force at the passing of this Act; and any such order may accordingly be varied or revoked under that section as if this Act had not been passed.
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