Greater London Authority Bill - continued        House of Lords
PART IV, TRANSPORT - continued
Miscellaneous - continued

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  CHAPTER III
  LONDON REGIONAL TRANSPORT
Powers of disposal.     143. In section 9 of the London Regional Transport Act 1984 (powers of disposal) at the end there shall be added-
 
 
    "(8) In this section-
 
 
    "disposal" means disposal-
 
      (a) by way of sale, exchange or lease,
 
      (b) by way of the grant of any option or the creation of any easement, right or privilege, or
 
      (c) in any other manner, except by way of appropriation or mortgage,
 
    and "dispose of" shall be construed accordingly;
 
    "lease" includes an underlease and an agreement for a lease or underlease, but does not include an option to take a lease or a mortgage."
 
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