Successors of residuary bodies: Difference between revisions
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Revision as of 02:22, 21 December 2009
The Local Goverment Act 1985 created Residuary Bodies to hold the assets of dissolved county councils while homes were found for them. Section 67 allowed the Secretary of State to make orders that, among other things, could create new bodies corporate to hold those assets. Two such bodies were created:
- The South Yorkshire Pensions Authority created by SI 1987/2110
- The London Pensions Fund Authority creates by SI 1989/1815
These bodies are public authorities by virtue of paragraph 22 of FOIA Schedule I - Public Authorities.