[266A Transfer of property and liabilities upon a highway becoming or ceasing to be a GLA road]
Highways Act 1980 (1980 c 66) | Legislation

[266A  Transfer of property and liabilities upon a highway becoming or ceasing to be a GLA road]

[(1)     This section applies where, by virtue of an order made by the Greater London Authority under section 14B(2) above, a highway or proposed highway becomes, or ceases to be, a GLA road.

(2)     As from the operative date there are transferred to the new highway authority by virtue of this section—

(a)     the property mentioned in subsection (4) below, in so far as, immediately before the operative date, it was vested in the former highway authority for the purposes of their functions in relation to the transferred highway, and

(b)     all liabilities incurred by any such authority for the purposes of its functions in relation to the transferred highway and not discharged before the operative date, other than loans and loan charges,

and the property and liabilities so transferred vest, by virtue of this section, in the new highway authority.

(3)     There is not transferred to the new highway authority

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