131 Duties of Authority or functional body as regards reports

131  Duties of Authority or functional body as regards reports

(1)     Section 115 of the Local Government Finance Act 1988 (authority's duties as regards reports) shall be amended as follows.

(2)     After subsection (1) there shall be inserted—

“(1A)     Where the report under section 114 above is a report by the chief finance officer of the Greater London Authority, section 115A below shall have effect in place of subsections (2) and (3) below.”

(3)     After subsection (3) there shall be inserted—

“(3A)     In the case of the London Development Agency or Transport for London, Part VA of the 1972 Act (access to meetings etc) shall have effect in relation to the meeting as if that authority were a principal council.”

(4)     After subsection (4) (which prevents delegation under section 101(2) of the Local Government Act 1972) there shall be inserted—

“(4A)     In the case of the London Development Agency or Transport for London, neither—

(a)     paragraph 7 of Schedule 2 to the Regional Development Agencies Act

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