EXPLANATORY NOTE
(This note is not part of the Order)
The Olympic Delivery Authority was established by section 3(1) of the London Olympic Games and Paralympic Games Act 2006 (the Act).
This Order dissolves the Olympic Delivery Authority (the Authority) on 2nd December 2014 and provides for the transfer of its property, rights and liabilities immediately before that date to the Secretary of State for Culture, Media and Sport (articles 2 and 3). The Schedule amends the Act in consequence of this dissolution, and makes consequential amendments to other primary and secondary legislation.
This Order also makes related provision for the preparation of the Authority’s final report (article 4), the preparation and audit of its final accounts (article 5), and a number of other supplementary provisions (article 6).
No impact assessment has been produced for this instrument, but an Explanatory Memorandum has been prepared and is available alongside the instrument on www.legislation.gov.uk.