The Transport for London (Waterloo Station) Order 2005

Explanatory Note

(This note is not part of the Order)

Section 163 of the Greater London Authority Act 1999 prohibits Transport for London from disposing of the freehold interest in any operational land without the consent of the Secretary of State. Under section 164 of that Act, Transport for London is required to ensure that none of its subsidiaries does anything which Transport for London has no power to do (including anything which Transport for London has no power to do because the consent of the Secretary of State has not been obtained).

The land at York Road, London SE1 which is the subject of this Order has been operational land as defined in section 163(8) of the Greater London Authority Act 1999. It includes the area once occupied by the former Bakerloo Line ticket hall at Waterloo Station. Section 163(3) provides that consent under section 163 is not required in respect of land which was formerly operational land if a period of at least five years has elapsed since the land was last operational land, but such a period has not yet elapsed in this case. Its disposal therefore requires the consent of the Secretary of State. The land is currently vested in London Underground Limited, a subsidiary of Transport for London, and the disposal shall be made by that company.

The land is described by reference to Ordnance Datum Newlyn. “Ordnance Datum Newlyn” means the coordinate system for heights above mean sea level (orthometric heights) in Great Britain, originally based on the tide gauge readings at Newlyn, Cornwall.

By this Order the Secretary of State for Transport gives consent to Transport for London for the disposal of a freehold interest in the land which is the subject of the Order.

A full regulatory impact assessment has not been produced for this instrument because it has no impact on the costs of business.