The Transport for London (Preliminary Arrangements) Order 2000

• Citation: S.I. 2000/1045
• Sections: 15

Section 1 Citation, commencement and interpretation

(1) This Order may be cited as the Transport for London (Preliminary Arrangements) Order 2000 and shall come into force on 8th May 2000.

(2) For the purposes of this Order—

(a) “ the Act ” means the Greater London Authority Act 1999;

(b) “chief finance officer” means the person who is, by virtue of his appointment under section 407 of the Act, for the time being the chief finance officer of Transport for London;

(c) “the operative date” means 8th May 2000; and

(d) “the preliminary standing orders” means the standing orders for the conduct of Transport for London’s business in relation to the matters set out in Schedule 1, contained in a document entitled “Standing Orders of Transport for London” signed by a Director in the Department of the Environment, Transport and the Regions (Government Office for London) and dated 12th April 2000.

Section 2 Preliminary standing orders and financial arrangements

For the purpose of the exercise of the functions of Transport for London on and after the operative date—

(a) the preliminary standing orders; and

(b) arrangements, in relation to the matters set out in Schedule 2, prepared by the chief finance officer before the operative date,

shall have effect until varied or replaced by Transport for London under any of the provisions of Schedule 10 to the Act.

Section 1

Arrangements for the conduct of meetings.

Section 2

The establishment of committees and sub-committees.

Section 3

The delegation of functions to committees, sub-committees, subsidiaries, members or officers of Transport for London.

Section 4

The making of arrangements for access by members of Transport for London to—

(a) information within the control of Transport for London; and

(b) professional and other advice in connection with the functions of Transport for London.

Section 5

The authorisation of persons to execute documents and authenticate the application of the seal of Transport for London.

Section 1

The allocation and delegation of functions in connection with financial administration—

(a) by the chief finance officer, and

(b) to and by other officers.

Section 2

The preparation of—

(a) a corporate plan; and

(b) capital and revenue budgets.

Section 3

The monitoring and control of budgeted expenditure.

Section 4

The making of arrangements for—

(a) investment;

(b) borrowing;

(c) the use of credit approvals given under Chapter IV of Part III of the Act;

(d) the opening and management of bank accounts.

Section 5

The establishment of financial systems for Transport for London, including procedures and practices for—

(a) accounting for income and costs;

(b) the management of assets; and

(c) the preparation of statements of accounts.

Section 6

Arrangements for internal audit.

Section 7

The treatment of financial irregularities.

Section 8

Arrangements for financial management within subsidiaries of Transport for London.