SCHEDULES

SCHEDULE 11 Miscellaneous powers of Transport for London

Supplementary

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Any specific power conferred on Transport for London by or by virtue of any provision of this Act to make any loan or give any guarantee or to subscribe for or acquire any securities shall not affect the power of Transport for London—

(a)

to lend money by way of investment or to subscribe for or acquire securities by way of investment; or

(b)

to leave outstanding any loan made or guarantee given, or to retain any securities acquired, by London Regional Transport or by any predecessor in title of London Regional Transport.