- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)In this Part—
(a)" local authority " means—
a county, district or London borough council,
the Common Council of the City of London,
the Inner London Education Authority,
a joint authority established by Part IV of the [1985 c. 51.] Local Government Act 1985,
the Council of the Isles of Scilly, or
any other authority prescribed for the purposes of this Part by regulations made by the Secretary of State,
and includes any authority, board or committee which discharges functions which would otherwise fall to be discharged by two or more such authorities,
(b)references to a local authority's interest as mortgagee of land include any interest of the authority in the land or in the debt secured, and
(c)references to the disposal of such an interest are to any transfer of the interest otherwise than by operation of law;
and for the purposes of this Part the disposal of an interest in registered land shall be taken to occur when the transfer is made and not when it is registered.
(2)Regulations under this section shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(3)At the end of Schedule 13 to the [1985 c. 51.] Local Government Act 1985 (provisions with respect to residuary bodies) add—
“25A residuary body shall be treated as a local authority for the purposes of Part III of the Local Government Act 1986 (transfer of local authority mortgages).”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: