Transport Act 1983

8 Tenders for carrying on activities of Executives

(1) An Executive shall, in the case of such activities carried on by the Executive as they may determine to be appropriate, invite other persons to submit tenders to carry on those activities for such period and on such basis as the Executive may specify in the invitation to tender.

(2) If the Authority so direct, the Executive shall invite tenders to carry on, for such period and on such basis as may be specified in the direction, such activities or descriptions of activities carried on by the Executive as may be so specified.

(3) An Executive shall accept a tender invited pursuant to this section if it appears to them that to do so would result in the relevant activities being carried on in a satisfactory manner and at less cost to them than if they were to continue to carry on those activities themselves.

(4) Any direction under subsection (2) above shall be in writing and it shall be the duty of the Executive to give effect to it.

(5) Every report under section 16 of the Act of 1968 or section 15 of the Act of 1969 for an accounting period of an Executive shall contain a statement showing the steps which the Executive have taken in that period to comply with the requirements of subsections (1) and (2) above.

(6) For the purposes of this section the London Transport Executive shall, in connection with the acceptance of any tender submitted to them pursuant to this section, have the same powers as are conferred on a Passenger Transport Executive by section 10(1)(xv) and (xvi) of the Act of 1968 (powers in connection with agreements for the carrying on of activities by other persons), the reference to the approval of a Passenger Transport Authority being construed as a reference to the written approval of the Greater London Council.