SCHEDULES

SCHEDULE 22Mayoral development corporations: consequential and other amendments

Local Government Finance Act 1988 (c. 41)

24

In the Local Government Finance Act 1988 after section 48 insert—

48ADiscretionary relief: functions of Mayoral development corporations

1

The Mayor of London may require a billing authority to provide the Mayor with information to assist the Mayor with making decisions under section 214 of the Localism Act 2011 (Mayor's power to decide that a Mayoral development corporation should have functions under section 47 above).

2

A Mayoral development corporation which has, or expects to have, functions under section 47 above may require a billing authority to provide the corporation with information to assist the corporation to exercise functions under that section.

3

A billing authority must comply with a requirement imposed on it under subsection (1) or (2) above so far as the requirement relates to information available to the billing authority.

4

A person to whom information is provided in response to a requirement imposed under subsection (1) or (2) above may use the information only for the purposes for which it was sought.

5

The Secretary of State may by regulations make transitional provision in connection with, or in anticipation of, a Mayoral development corporation—

a

beginning to exercise functions under section 47 above, or

b

ceasing to exercise functions under that section.

6

The Secretary of State may by regulations make provision about payment by a Mayoral development corporation to a billing authority of amounts—

a

as regards the operation of section 47 above in cases where the corporation has exercised functions under that section;

b

as regards costs of collection and recovery in such cases.