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(1)In section 7 of the [1998 c. 45.] Regional Development Agencies Act 1998 (duty of regional development agencies to formulate a strategy) after subsection (3) there shall be inserted—
“(4)Subsections (1) and (2) do not apply in relation to the London Development Agency.”
(2)After that section there shall be inserted—
(1)The London Development Agency shall formulate and submit to the Mayor of London (referred to in this section and section 7B as “the Mayor”) a draft strategy in relation to its purposes.
(2)As soon as reasonably practicable after the draft strategy has been submitted to the Mayor, the Mayor shall prepare and publish a document to be known as the “London Development Agency strategy”.
(3)The London Development Agency strategy published under subsection (2) shall be the draft strategy submitted to the Mayor under subsection (1), with such modifications (if any) as he considers appropriate.
(4)The London Development Agency shall keep the London Development Agency strategy under review and may submit proposed revisions of it to the Mayor.
(5)The London Development Agency and each of—
(a)Transport for London,
(b)the Metropolitan Police Authority, and
(c)the London Fire and Emergency Planning Authority,
shall in the exercise of any function have regard to the London Development Agency strategy.
(6)The Mayor may give the London Development Agency guidance and directions, in particular, with respect—
(a)to the preparation, content and submission of the draft strategy under subsection (1), or
(b)to keeping the London Development Agency strategy under review.
(7)Where the Mayor revises the London Development Agency strategy, he shall publish it as revised.
(8)Before publishing the London Development Agency strategy the Mayor shall consult—
(a)the persons whom he is required to consult by virtue of section 42 of the Greater London Authority Act 1999, and
(b)the persons mentioned in section 2(3)(b) and (c).
(9)In this Act and the Greater London Authority Act 1999, references to the London Development Agency strategy include, except where the context otherwise requires, a reference to the London Development Agency strategy as revised.”
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