SCHEDULES
SCHEDULE 6Amendments of financial provisions relating to schemes
Part 2Amendments of Schedule 23 to the Greater London Authority Act 1999
Application of net proceeds
I110
1
Paragraph 16 is amended as follows.
2
In sub-paragraph (1)—
a
omit “which comes into force during the period of ten years beginning with the inception of the Authority”;
b
omit “during the scheme's initial period”.
3
After sub-paragraph (1) insert—
1A
Sub-paragraph (1) above is subject to paragraph 18(1A) and (1B) below.
4
Omit sub-paragraphs (2) to (4).
5
In sub-paragraph (6) for “(1) to (5)” substitute “(1) and (5)”.
6
Omit sub-paragraph (7).
I211
In paragraph 17, omit sub-paragraphs (1), (2) and (6).