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Transport Act 1985

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Transport Act 1985, Part III is up to date with all changes known to be in force on or before 04 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Part IIIE+W+S The National Bus Company

The Bus Company’s disposal programmeE+W+S

F147. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F1S. 47 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F248. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F2S. 48 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

Powers of disposalE+W+S

F349. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F3S. 49 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F450. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F4S. 50 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F551. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F5S. 51 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

F652. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F6S. 52 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

Miscellaneous and supplementaryE+W+S

F753. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

Textual Amendments

F7S. 53 repealed (1. 4.1991) by S.I. 1991/510, art. 5,Sch.

54 Dissolution of the Bus Company.E+W+S

(1)When it appears to the Secretary of State that the Bus Company have completed their disposal programme, the Secretary of State may by order provide for the dissolution of the Company.

(2)Any such order may provide for the disposal of any remaining property, rights or liabilities of the Company, and may contain such supplementary, incidental and consequential provisions as may appear to the Secretary of State to be necessary or expedient.

(3)Without prejudice to the generality of subsection (2) above, any such order may in particular make provision—

(a)F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c)F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d)making such amendments or repeals in any provision of the 1962 Act or the 1968 Act or of this or any other Act as appear to the Secretary of State to be required in consequence of the dissolution of the Company.

(4)F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)F10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F8S. 54(3)(a)-(c) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

F9S. 54(4) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

F10S. 54(5) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

55 Reduction of assets of National Loans Fund.E+W+S

F11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F11S. 55 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 5 Group 15}

56 Interpretation of Part III.E+W+S

In this Part of this Act—

(a)references to the Bus Company shall be read in accordance with section 47(1) of this Act; and

(b)“the Company’s disposal programme” has the meaning given by subsection (4) of that section.

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