The London Residuary Body (Transfer of Property etc) Order 1990

Transfer of other property

4.—(1) Subject to article 2 of this Order and to paragraph (2), on the transfer date–

(a) the interests of the Residuary Body specified in Column 2 of Part I of Schedule 2 to this Order in the land specified in Column 1 shall vest in Bromley;

(b) all interests of the Residuary Body in the land described in Part II of Schedule 2 to this Order shall vest in Bromley;

(c) all interests of the Residuary Body in the sites of 124 to 146 (even) and 150 Westmoor Street, Greenwich, London SE7 shall vest in the National Rivers Authority;

(d) all interests of the Residuary Body in land which is the subject of an agreement for its disposal or option for its purchase shall vest in Bromley;

(e) all interests of the Residuary Body in the land vested in it by article 15 of the Local Government Reorganisation (Property etc) Order 1986(1) (“Thames mead”) shall vest in Bromley;

(f) all interests of the Residuary Body in all other land situated in Greater London shall vest in the local council, or, if such land is situated in their area, in the Common Council; and

(g) all interests of the Residuary Body in any other land situated outside Greater London shall vest in the council of the district in which it is situated.

(2) The interests of the Residuary Body in the land described in Schedule 3 to this Order shall not transfer under paragraph (1).

(3) On the transfer date the property specified in Column 1 of Schedule 4 to this Order shall vest in the authority specified in Column 2.

(4) Subject to article 9, all rights and liabilities of the Residuary Body acquired or incurred in connection with, and all records relating exclusively to, interests in land or property transferred by paragraphs (1) or (3) shall vest in the council or body to which such interests or property are so transferred.

(5) Where prior to the transfer date the Residuary Body has disposed of any interest in land subject to a covenant that the Residuary Body shall in certain circumstances either receive money or make payments the benefit or the burden of that covenant, as the case may be, shall vest in Bromley.

(1)

S.I. 1986/148.