Part I New Towns and Their Development Corporations
Development corporations
C16 Allocation or transfer of new town functions.
1
If, in the case of the area of any new town—
a
it appears to the Secretary of State that there are exceptional circumstances which render it expedient that the functions of a development corporation under this Act should be performed by the development corporation established for the purposes of any other new town instead of by a separate corporation established for the purpose, then
b
instead of establishing such a corporation, he may by order direct that those functions shall be performed by the development corporation established for that other new town.
2
If it appears to the Secretary of State that there are exceptional circumstances which render it expedient that the functions of a development corporation established for the purposes of a new town should be transferred—
a
to the development corporation established for the purposes of any other new town, or
b
to a new development corporation to be established for the purposes of the first-mentioned new town,
he may by order provide for the dissolution of the first-mentioned corporation and for the transfer of its functions, property, rights and liabilities—
i
to the development corporation established for the purposes of that other new town, or, as the case may be,
ii
to a new corporation established for the purposes of the first-mentioned new town by the order.
3
An order under this section—
a
providing for the exercise of functions in relation to a new town by the development corporation established for the purposes of another new town, or
b
providing for the transfer of such functions to such a corporation,
may modify the name and constitution of that corporation in such manner as appears to the Secretary of State to be expedient; and for the purposes of this Act that corporation shall be treated as having been established for the purposes of each of those new towns.
This subsection is without prejudice to the other provisions of this Act with respect to the variation of orders.
4
Before making an order under this section—
a
providing for the transfer of functions from or to a development corporation, or
b
providing for the exercise of any functions by such a corporation,
the Secretary of State shall consult with that corporation.