Part XVIU.K. Urban Development

Urban development corporationsE+W+S

135 Urban development corporations.U.K.

(1)For the purposes of regenerating an urban development area, the Secretary of State shall by order made by statutory instrument establish a corporation (an urban development corporation) for the area.

(2)An order under this section may be made at the same time as an order under [F1section 134(1)] above.

(3)No order under this section shall have effect until approved by a resolution of each House of Parliament.

(4)An urban development corporation shall be a body corporate by such name as may be prescribed by the order establishing it.

(5)Schedule 26 below shall have effect with respect to urban development corporations.

(6)It is hereby declared that an urban development corporation is not to be regarded as the servant or agent of the Crown or as enjoying any status, immunity or privilege of the Crown and that the corporation’s property is not to be regarded as the property of, or property held on behalf of, the Crown.

Textual Amendments

F1Words in s. 135(2) substituted (11.10.1993) by 1993 c. 28, s. 179(4); S.I. 1993/2134, art.4