68 Transitional agreements as to property and finance
Local Government Act 1972 (1972 c 70) | Legislation

68  Transitional agreements as to property and finance

(1)ÌýÌýÌýÌý Any public bodies affected by the alteration, abolition or constitution of any area by an order under this Part of this Act [or by an order under section 162 of the Local Government (Wales) Measure 2011] may from time to time make agreements with respect to any property, income, rights, liabilities and expenses (so far as affected by the alteration, abolition or constitution) of, and any financial relations between, the parties to the agreement.

(2)ÌýÌýÌýÌý The agreement may provide—

(a)ÌýÌýÌýÌý for the transfer or retention of any property, rights and liabilities, with or without conditions, and for the joint use of any property;

(b)ÌýÌýÌýÌý for the making of payments by either party to the agreement in respect

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