(This note is not part of the Order)
Section 191(1) of the Localism Act 2011 (“the Act”) abolishes the London Development Agency (“the Agency”) from the date section 191(1) is brought into force, namely, 31st March 2012. The Act also makes amendments to, and repeals, primary legislation in consequence of the Agency’s abolition.
This Order makes amendments consequential on the abolition of the Agency and the transfer of its property, assets and liabilities to the Greater London Authority (article 8 and Schedules 1 and 2).
In addition, the Order makes a further amendment to secondary legislation (article 8 and paragraph 2 of Schedule 1). The Redundancy Payments (Continuity of Employment in Local Government, etc.) (Modification) Order 1999 is amended in consequence of the changes made by Part 8 of the Act (but unrelated to the abolition of the Agency).
The Order makes transitory, transitional and saving provision to ensure continuity between things done by the Agency prior to 31st March and the assumption by the Greater London Authority of its new functions. Specific provision is made in relation to investigations under the Local Government Act 1974 and the preparation of the final annual accounts and final annual report (articles 3 to 7).
A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.