(1)The M1Trustee Investments Act 1961 shall be amended as follows.
(2)In section 11 (local authority investment schemes) in subsection (4) (the authorities to which the section applies) in paragraph (a)—
(a)after “England and Wales” there shall be inserted “ , the Greater London Authority, ”; and
(b)after “Common Council of the City of London” there shall be inserted “ , a functional body (within the meaning of the Greater London Authority Act 1999), ”.
(3)In Schedule 1, in Part II (narrower-range investments requiring advice), in paragraph 9—
(a)after paragraph (a) there shall be inserted—
“(aa)the Greater London Authority;
(ab)any functional body, within the meaning of the Greater London Authority Act 1999;”; and
(b)in paragraph (d), the words “the Receiver for the Metropolitan Police District or” shall cease to have effect.
Commencement Information
I1S. 387 wholly in force at 3.7.2000; s. 387 not in force at Royal Assent see s. 425(2); s. 387 in force for specified purposes at 8.5.2000 by S.I. 1999/3434, art. 3; s. 387 in force at 3.7.2000 other than for the purposes of (3)(b), insofar as not already in force by S.I. 1999/3434, art. 4; s. 387 in force (3.7.2000) in so far as not already in force by S.I. 2000/801, art. 2(2)(c), Sch. Pt. 3
Marginal Citations
In section 1(4) of the M2Local Authorities (Goods and Services) Act 1970, in the definition of “local authority”—
(a)after “London borough,” there shall be inserted “ the Greater London Authority, ”; and
(b)after “any joint authority established by Part IV of the M3Local Government Act 1985” there shall be inserted “ and the London Fire and Emergency Planning Authority, Transport for London and the London Development Agency ”.
Commencement Information
I2S. 388 wholly in force at 3.7.2000; s. 388 not in force at Royal Assent see s. 425(2); s. 388 in force at 8.5.2000 for the purposes of para.(a) by S.I. 1999/3434, art. 3; s. 388 in force at 3.7.2000 insofar as not already in force by S.I. 1999/3434, art. 4
Marginal Citations
(1)Employment with—
(a)the Authority,
(b)Transport for London,
(c)the London Development Agency,
(d)the Metropolitan Police Authority, or
(e)the London Transport Users’ Committee,
shall be included among the kinds of employment to which a scheme under section 1 of the M4Superannuation Act 1972 can apply.
(2)Accordingly, in Schedule 1 to that Act (in which those kinds of employment are listed) the following entries shall be inserted in the list of “Other bodies” at the appropriate places—
“The Greater London Authority.”
“The London Development Agency.”
“The London Transport Users’ Committee.”
“The Metropolitan Police Authority.”
“Transport for London.”
(3)Each of the bodies specified in subsection (1) above shall pay to the Minister for the Civil Service, at such times as he may direct, such sums as he may determine in respect of the increase attributable to this section (so far as referable to that body) in the sums payable under the M5Superannuation Act 1972 out of money provided by Parliament.
(4)Where an employee of any of the bodies specified in subsection (1) above—
(a)is, by reference to that employment, a participant in a scheme under section 1 of the M6Superannuation Act 1972, and
(b)is also a member of that body,
the Minister for the Civil Service may determine that his service as such a member shall be treated for the purpose of the scheme as service as an employee of that body.
(5)A determination under subsection (4) above shall be without prejudice to—
(a)paragraph 2(6) of Schedule 10 to this Act, in the case of Transport for London;
(b)paragraph 2 of Schedule 18 to this Act, in the case of the London Transport Users’ Committee; or
(c)paragraph 3 of Schedule 2 to the M7Regional Development Agencies Act 1998, in the case of the London Development Agency.
(6)In consequence of the inclusion, by virtue of subsection (2) above, of an entry relating to the London Development Agency in Schedule 1 to the M8Superannuation Act 1972, in the entry in that Schedule relating to a development agency established under section 1 of the M9Regional Development Agencies Act 1998, there shall be added at the end “ (other than the London Development Agency (for which there is a separate entry)) ”.
Marginal Citations
(1)The Minister for the Civil Service may, to such extent and subject to such conditions as he thinks fit, delegate to any person the function of administering a scheme made under section 1 of the M10Superannuation Act 1972, so far as relating to employees of any of the bodies specified in section 389(1) above.
(2)A person to whom the function of administering a scheme made under section 1 of the M11Superannuation Act 1972 is delegated under subsection (1) above may, to such extent and subject to such conditions as he may determine, authorise the exercise of that function by, or by employees of, any person.
(3)Where a person is authorised under subsection (2) above to exercise the function of administering a scheme made under section 1 of the M12Superannuation Act 1972, anything done or omitted to be done by or in relation to him (or an employee of his) in, or in connection with, the exercise or purported exercise of the function shall be treated for all purposes as done or omitted to be done by the person who authorised him.
(4)Subsection (3) above does not apply for the purposes of—
(a)any criminal proceedings against the authorised person (or any employee of his); or
(b)any contract between him and the person who authorised him, so far as relating to the function.
Textual Amendments
F1S. 391 repealed (2.4.2001) by 2000 c. 34, s. 9(2), Sch. 3 (with s. 10(5)); S.I. 2001/566, art. 2(1)
(1)In Schedule 1 to the M13Stock Transfer Act 1982 (specified securities) paragraph 7 (securities issued by local authorities etc) shall be amended as follows.
(2)In sub-paragraph (1), at the end of paragraph (ba) there shall be inserted “ or ” and paragraph (c) (which relates to the Receiver for the Metropolitan Police District) and the word “or” immediately preceding it shall cease to have effect.
(3)In sub-paragraph (2) (which defines “local authority”) in paragraph (a)—
(a)after “namely,” there shall be inserted “ the Greater London Authority, ”; and
(b)after “Common Council of the City of London” there shall be inserted “ , a functional body (within the meaning of the Greater London Authority Act 1999), ”.
Commencement Information
I3S. 392 wholly in force at 3.7.2000; s. 392 not in force at Royal Assent see s. 425(2); s. 392 in force at 8.5.2000 for the purposes of (3)(a) by S.I. 1999/3434, art. 3; s. 392 in force at 3.7.2000 for the purposes of (3)(b) by S.I. 1999/3434, art. 4; s. 392 in force (3.7.2000) in so far as not already in force by S.I. 2000/801, art. 2(2)(c), Sch. Pt. 3
Marginal Citations