Transport Act 1962

27Powers of Minister in relation to Boards. U.K.

(1)The Minister may, after consultation with any Board, give to that Board directions of a general character as to the exercise and performance by the Board of their functions [F1(including the exercise of rights conferred by the holding of interests in companies)] in relation to matters which appear to him to affect the national interest.

(2)A Board, [(F2other than the Railways Board)] in framing and carrying out proposals involving substantial outlay on capital account by the Board or by a subsidiary of the Board, shall act on lines settled from time to time with the approval of the Minister.

(3)In the exercise and performance of their functions as to training, [F3and education], each Board shall act on lines settled as aforesaid.

(4)Without prejudice to the foregoing provisions of this section, the Minister may, after consultation with any Board, direct the Board to discontinue any of their activities, dispose of any part of their undertaking, dispose of any assets held by them, call in any loan made by them or exercise any power they may possess to revoke any guarantees given by them:

(5)The Minister may, after consultation with any Board, direct the Board to exercise their control over a subsidiary of the Board so as to require the subsidiary to discontinue any of their activities, dispose of any part of their undertaking, dispose of any assets held by them, call in any loan made by them or exercise any power they may possess to revoke any guarantees given by them.

[F4(5A)In the application of subsections (1) to (5) to the British Waterways Board, references to the Minister are to be read as references to the Scottish Ministers.]

(6)If it appears to the Minister that there is anything which a Board [F5or Canal & River Trust] ought in the interests of national defence to have power to do, or which a Board [F5or Canal & River Trust] ought in the interests of national defence to be required to do, and that it would be consistent with the duties imposed on that Board [F5or Canal & River Trust] by this Act, he may authorise or direct the Board [F5or Canal & River Trust] to do that thing; and no limitation on the powers of the Board [F5or Canal & River Trust] contained in this Act or in any local enactment shall prevent the Board [F5or Canal & River Trust] from acting in accordance with the authorisation or direction.

(7)[F6The Docks Board shall] furnish the Minister with such returns, accounts and other information with respect to their property and activities, and the property and activities of any company which is their subsidiary, as he may from time to time require.

(8)Without prejudice to the provisions of the last foregoing subsection, [F7the Docks Board shall], as soon as possible after the end of each accounting year of the Board, make to the Minister a report on the exercise and performance by them of their functions during that year and on their policy and programme, and the Minister shall lay a copy of every such report before each House of Parliament.

The report for any year shall set out any direction given by the Minister under this Act [F8or section 3 of the Transport Act 1982] to the Board during that year, unless the Minister has notified to the Board his opinion that it is against the interests of national security to do so, and shall include a statement of the salaries or fees and of the emoluments of each of the members of the Board during that year.

F9[F10(8A ). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(8B)The British Waterways Board shall furnish the Scottish Ministers with such returns, accounts and other information with respect to their property and activities F11..., and the property and activities F11... of any company which is their subsidiary, as the Scottish Ministers may from time to time require.

(8C)Without prejudice to the provisions of subsection (8B) above, the British Waterways Board shall, as soon as possible after the end of each accounting year, make to the Scottish Ministers a report on the exercise and performance by them of their functions F12... during that year and on their policy and programme, and the Scottish Ministers shall lay a copy of every such report before the Scottish Parliament.]