The London Thames Gateway Development Corporation (Transfer of Property, Rights and Liabilities) (Greater London Authority) (No. 2) Order 2012

• Citation: S.I. 2012/3084
• Sections: 2

Section 1 Citation and commencement

This Order may be cited as the London Thames Gateway Development Corporation (Transfer of Property, Rights and Liabilities) (Greater London Authority) (No. 2) Order 2012 and shall come into force on 22nd January 2013.

Section 2 Transfer of property, rights and liabilities

(1) All property rights and liabilities vested in the Corporation on the commencement date are transferred to the GLA on that date.

(2) The property, rights and liabilities mentioned in paragraph (1) include—

(a) the land specified in the Schedule; and

(b) all property, rights and liabilities which the Corporation has in relation to that land including any leases, tenancies, licences, agreements, planning agreements, infrastructure agreements, easements, wayleaves, development agreements, building contracts, appointments and encumbrances on title.

(3) Paragraph (1) does not apply to the property, rights and liabilities specified in the retained list.

(4) Any property, rights and liabilities remaining vested in the Corporation immediately before the dissolution date are transferred to the GLA on that date.

(5) Paragraphs (1), (2) and (4) operate in relation to property, rights and liabilities—

(a) whether or not they would otherwise be capable of being transferred;

(b) without any instrument or other formality being required; and

(c) irrespective of any requirement for consent that would otherwise be required.

(6) In this article a reference to property, rights and liabilities does not include—

(a) rights and liabilities in relation to a pension; or

(b) rights and liabilities under a contract of employment.

(7) In this article—

“commencement date” means the date on which this Order comes into force;

“the Corporation” means the London Thames Gateway Development Corporation;

“dissolution date” means the date on which the Corporation is dissolved by order under section 166 of the Local Government, Planning and Land Act 1980;

“the GLA” means the Greater London Authority; and

“retained list” means the document “Property, rights and liabilities retained by the London Thames Gateway Development Corporation for the purposes of preparing its final accounts and report and winding up its affairs” dated 5th December 2012, a copy of which has been deposited in the offices of the Secretary of State .