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Transport Act 1962

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Changes over time for: Cross Heading: Property and functions

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Property and functionsU.K.

31 Distribution of Commission’s assets.U.K.

(1)Subject to this Act, on such date as the Minister may by order contained in a statutory instrument appoint (in this Act referred to as “the vesting date”) all the property, rights and liabilities of the Commission shall by virtue of this Act be transferred to and vest in the Boards and the Holding Company in accordance with this Part of this Act; and the property, rights and liabilities so transferred shall by virtue of this Act vest in those bodies respectively.

(2)There shall be transferred to the Railways Board the property, rights and liabilities comprised in the part of the Commission’s undertaking which constitutes—

(a)the Commission’s railway system, except for so much of it as is carried on through or managed by the London Transport Executive or is within any of the harbours listed in Part II or Part III of the Third Schedule to this Act,

(b)the shipping services provided by the Commission in exercise of the powers conferred on them by the Railway Shipping Acts as defined in paragraph 2 of Part II of the Second Schedule to this Act,

(c)the harbours listed or described in Part I of the Third Schedule to this Act,

(d)the road passenger services provided by the Commission, except those carried on through or managed by the London Transport Executive,

(e)the British Transport Commission Police Force, and

(f)the Commission’s Historical Records Department, the department for which their Curator of Historical Relics is responsible and their Films Service,

and any property, rights and liabilities not falling to be transferred under any other provision in this Act.

(3)There shall be transferred to the London Board the property, rights and liabilities comprised in the part of the Commission’s undertaking which is carried on through, or managed by, the London Transport Executive.

(4)There shall be transferred to the Docks Board the property, rights and liabilities comprised in the part of the Commission’s undertaking constituted by the harbours listed in Part II of the Third Schedule to this Act.

(5)There shall be transferred to the British Waterways Board the property, rights and liabilities comprised in the part of the Commission’s undertaking constituted by—

(a)their invalid waterways (other than the Lower Ouse Improvement, which under the last foregoing subsection vests in the Docks Board), and

(b)the harbours listed in Part III of the Third Schedule to this Act.

(6)Notwithstanding anything in the foregoing provisions of this section, there shall be transferred to—

  • the Railways Board,

  • the Docks Board,

  • the British Waterways Board, and

  • the Holding Company,

the securities of the bodies listed in Parts I, II, III, and IV of the Fourth Schedule to this Act respectively (so far as beneficially owned by the Commission), and the rights and liabilities specified in Part V of that Schedule so, however, that where such securities are beneficially owned by the Commission, but held by a nominee, this subsection shall operate only to transfer the beneficial interest in the securities.

The references in this subsection to Parts I , II, III and IV of the Fourth Schedule to this Act shall have effect subject to Part VI of that Schedule.

(7)Notwithstanding anything in the foregoing provisions of this section, there shall be transferred to the Boards and the Holding Company the property, rights and liabilities of the Commission specified for them respectively in the Fifth Schedule to this Act.

(8)Any property, rights or liabilities held or subsisting partly for the purpose of a part of the Commission’s undertaking which is under this Part of this Act transferred to one Board, and partly for the purpose of a part which is transferred to another Board, shall—

(a)where the nature of the property, right or liability permits, be divided or apportioned between those Boards in such proportions as may be just, and

(b)in any other case, be transferred to those Boards jointly,

and, where any estate or interest in land falls to be so divided, any rent payable under a lease in respect of that estate or interest, and any rent charged on that estate or interest, shall be correspondingly apportioned or divided so that the one part is payable in respect of, or charged on, only the one part of the estate or interest and the other part is payable in respect of, or charged on, only the other part of the estate or interest.

(9)The last foregoing subsection shall apply, with any necessary modifications, in relation t o any feuduty payable in respect of an estate or interest in land in Scotland, as it applies in relation to any rent charged on an estate or interest in land.

Modifications etc. (not altering text)

32 Distribution of Commission’s statutory functions.U.K.

(1)The provisions of the Second Schedule to this Act shall as from the vesting date have effect with respect to the distribution among the Boards of the Commission’s functions under the enactments there mentioned.

(2)Subject to that Schedule, and to any other provision in this Act, the functions of the Commission under any statutory provision, other than the M1Transport Act 1947, the M2Transport Act 1953, and this Act, shall be transferred to the Board or Boards specified in the following provisions of this section.

(3)If and so far as the statutory provision relates to an undertaking, or a part of an undertaking, or property transferred to a Board by this Part of this Act, the functions of the Commission under that statutory provision shall be transferred to that Board.

(4)If and so far as the statutory provision authorises the carrying out of works designed to be used in connection with an undertaking or part of an undertaking transferred to a Board, or the acquisition of land for the purpose of carrying out such works, the functions of the Commission under that statutory provision shall be transferred to that Board.

(5)If the statutory provision authorises the Commission to appoint, nominate, or concur in or approve the appointment or nomination of, a member of some body or the holder of some other office—

(a)this Act shall not affect the tenure of office of any person appointed or nominated under the statutory provision before the vesting date, and

(b)subject to that, the functions of the Commission under the statutory provision shall be transferred to such Board as the Minister may direct by order contained in a statutory instrument.

An order under this subsection may provide for the function so transferred being exercised jointly by two or more Boards or separately by two or more Boards.

(6)Subject to the foregoing provisions of this section, the functions of the Commission under any statutory provision, other than the M3Transport Act 1947, the M4Transport Act 1953, and this Act, shall be transferred to the Railways Board.

(7)In this section references to the Commission include references to any Executive of the Commission, and references to statutory provisions include those passed or made between the passing of this Act and the vesting date.

33. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1U.K.

34Transfer of staff.U.K.

(1)—(7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

(8)Any right to services transferred by this section shall have effect on and after the vesting date as a right not only to the service to which the agreement relates but also to any reasonably comparable service under the Board or company, to be selected by that body.

Any dispute between a Board or company and the other party to a service agreement as to what are reasonably comparable services for the purposes of this subsection may be reported to [F3the Secretary of State] by the Board or company or the other party to the agreement and, if a dispute so reported is not otherwise disposed of, [F3the Secretary of State] shall refer it for determination by [F4the Central Arbitration Committee].

(9)Any of the Boards and the said companies, and any person who is a party to any agreement which is modified by this section, may apply to the Minister to determine to which of the Boards or companies the rights and liabilities under any such agreement are transferred and the Minister’s decision on the application shall be final.

35 Supplementary provisions relating to distribution of Commission’s undertaking.U.K.

(1)The Sixth Schedule to this Act (which contains further provisions regarding the distribution of the Commission’s undertaking) shall have effect for the purposes of this Act.

(2)In the said Schedule the expression “the principal sections” means the foregoing sections of this Part of this Act, and references to those sections include references to any Schedule to this Act referred to in those sections.

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