C2C1PART 8London

Annotations:

CHAPTER 1Housing and regeneration functions

I1190Transfer of property of Homes and Communities Agency etc

1

The Secretary of State may at any time make a scheme (a “transfer scheme”) transferring the property, rights and liabilities of the Homes and Communities Agency (“the HCA”) or the Secretary of State that are specified in the scheme to—

a

the Greater London Authority,

b

a functional body,

c

a company that is a subsidiary of the Greater London Authority,

d

the Secretary of State,

e

a London borough council, or

f

the Common Council of the City of London.

2

The Secretary of State may by order specify another person, or a description of other persons, to whom property, rights or liabilities of the HCA or the Secretary of State may be transferred by a transfer scheme.

3

In this section—

  • company” means—

    1. a

      a company within the meaning given by section 1(1) of the Companies Act 2006, or

    2. b

      F1a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under the Industrial and Provident Societies Act (Northern Ireland) 1969;

  • functional body” has the meaning given by section 424(1) of the Greater London Authority Act 1999;

  • “rights” and “liabilities” include rights, or (as the case may be) liabilities, in relation to a contract of employment;

  • subsidiary” has the meaning given by section 1159 of the Companies Act 2006.