(1)Section 111 of the [1988 c. 41.] Local Government Finance Act 1988 (interpretation of Part VIII (financial administration)) shall be amended as follows.
(2)In subsection (2) (which specifies the bodies which are relevant authorities for the purposes of Part VIII) after paragraph (b) there shall be inserted—
“(bb)the Greater London Authority;
(bc)a functional body, within the meaning of the 1999 Act;
(bd)the London Pensions Fund Authority;”.
(3)In subsection (3) (meaning of “1972 Act” etc) at the end there shall be added “and the 1999 Act is the Greater London Authority Act 1999”.