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(1)After section 165A of the [1980 c. 65.] Local Government, Planning and Land Act 1980 insert—
(1)Subject to this section, the Secretary of State may at any time by order transfer to a statutory body, upon such terms as he thinks fit, any property, rights or liabilities which—
(a)are for the time being vested in an urban development corporation, and
(b)are not proposed to be transferred under section 165 or 165A above.
(2)An order under this section may terminate—
(a)any appointment of the corporation under subsection (1) of section 177 of the Leasehold Reform, Housing and Urban Development Act 1993 (power of corporations to act as agents of the Urban Regeneration Agency); and
(b)any arrangements made by the corporation under subsection (2) of that section.
(3)An order under this section may—
(a)establish new bodies corporate to receive any property, rights or liabilities to be transferred by an order under this section;
(b)amend, repeal or otherwise modify any enactment for the purpose of enabling any body established under any enactment to receive such property, rights or liabilities.
(4)An order under this section—
(a)may contain such incidental, consequential, transitional or supplementary provision as the Secretary of State thinks necessary or expedient (including provisions amending, repealing or otherwise modifying any enactment); and
(b)shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(5)Before making an order under this section, the Secretary of State shall consult each local authority in whose area all or part of the urban development area is situated.
(6)In this section—
“enactment” includes any instrument made under any enactment;
“statutory body” means any body established under this section or any other enactment.”.
(2)In consequence of the above amendment, the Local Government, Planning and Land Act 1980 is amended as follows.
(3)In section 165(9) (meaning of local authority) for “sections 165A and 166” substitute “sections 165A to 166”.
(4)In section 165A(1) (power of Secretary of State to transfer property &c. to himself) for paragraph (b) substitute—
“(b)are not proposed to be transferred under section 165 above or 165B below.”.
(5)In section 166(5) (dissolution of corporations) after “section 165A” insert “or 165B”.