Greater London Authority Bill - continued        House of Lords
PART III, FINANCIAL PROVISIONS - continued
Accounts and audit - continued

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  CHAPTER VI
  MISCELLANEOUS AND SUPPLEMENTARY PROVISIONS
Council tax: no Crown exemption for Authority or functional bodies.     122. - (1) Section 19 of the Local Government Finance Act 1992 (exclusion from Crown exemption in certain cases) shall be amended as follows.
 
      (2) In subsection (3) (which specifies the excluded bodies) after paragraph (b) there shall be inserted-
 
 
    "(bb) the Greater London Authority;
 
    (bc) any functional body, within the meaning of the Greater London Authority Act 1999;".
No discretionary rate relief for functional bodies.     123. - (1) Section 47 of the Local Government Finance Act 1988 (discretionary relief) shall be amended as follows.
 
      (2) In subsection (9) (which provides that a hereditament is an excepted hereditament, and accordingly not eligible for relief, if all or part of it is occupied by any body there mentioned) at the end of paragraph (b) (which relates to precepting authorities) there shall be added "; or
 
 
    (c) a functional body, within the meaning of the Greater London Authority Act 1999."
Local loans.     124. - (1) In Schedule 4 to the National Loans Act 1968 (which specifies the bodies to which local loans may be made) in paragraph 1, in paragraph (a) of the definition of "local authority", the word "and" immediately preceding sub-paragraph (iii) shall be omitted and after that sub-paragraph there shall be added "; and
 
 
      (iv) a functional body, within the meaning of the Greater London Authority Act 1999".
      (2) In section 2 of the Public Works Loans Act 1965 (new form of local loan and automatic charge for securing it) in sub-paragraph (1) (which includes a definition of "relevant authority") in paragraph (a), the word "and" immediately preceding sub-paragraph (iii) shall be omitted and after that sub-paragraph there shall be added "; and
 
 
      (iv) a functional body, within the meaning of the Greater London Authority Act 1999".
Functions of Mayor or Assembly under or by virtue of this Part.     125. - (1) The functions conferred or imposed on the Authority under or by virtue of this Part shall be functions of the Authority which are exercisable by the Mayor acting on behalf of the Authority.
 
      (2) Subsection (1) above does not apply in relation to any function expressly conferred or imposed on the Assembly.
 
 
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