PART VINew Towns
116Effect of transfer of development corporation's property to Commission for the New Towns
1
The following provisions of this section shall apply on the coming into operation of an order under section 6 of the New Towns Act 1959 providing in relation to any new town for a transfer of the development corporation's property to the Commission for the New Towns.
2
If under section 108 of this Act a committee was constituted for that new town only, the committee shall cease to exist.
3
If under the said section 108 a committee was constituted for that and another new town—
a
the committee shall cease to exercise its functions as respects the first-mentioned new town, and thereafter this section shall apply as if under the said section 108 the committee had been constituted for the said other new town only ; and
b
the Secretary of State shall vary any order made by him under that section in such manner as appears to him requisite in consequence of the coming into operation of the order mentioned in subsection (1) of this section.
4
Sections 111 and 112 of this Act shall cease to apply to the new town, but without prejudice to the operation of the said section 111 as respects any application made before the date on which the order mentioned in subsection (1) of this section came into operation or made at the licensing sessions next held after that day.