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For section 27 of the [1986 c. 63.] Housing and Planning Act 1986 (power to give financial assistance) there shall be substituted the following section—
(1)The Secretary of State may, with the consent of the Treasury, give financial assistance to any person in respect of expenditure incurred in connection with activities contributing to the regeneration of an urban area.
(2)Activities contributing to the regeneration of an urban area include in particular—
(a)securing that land and buildings are brought into effective use;
(b)developing, or encouraging the development of, existing and new industry and commerce;
(c)creating an attractive and safe environment;
(d)providing housing or social and recreational facilities so as to encourage people to live or work in the area;
(e)providing employment for people who live in the area;
(f)providing training, educational facilities or health services for people who live in the area.”
(1)The Secretary of State may, on such terms as he may with the approval of the Treasury specify, appoint the Agency to act as his agent in connection with such of the functions mentioned in subsection (2) as he may specify; and where such an appointment is made, the Agency shall act as such an agent in accordance with the terms of its appointment.
(2)The functions referred to in subsection (1) are—
(a)functions under section 1 of the [1982 c. 42.] Derelict Land Act 1982 or any enactment superseded by that section (grants for reclaiming or improving land or bringing land into use), other than the powers to make orders under subsections (5) and (7) of that section; and
(b)so far as exercisable in relation to England, functions under sections 27 to 29 of the [1986 c. 63.] Housing and Planning Act 1986 (financial assistance for urban regeneration).
(3)In so far as an appointment under subsection (1) relates to functions mentioned in subsection (2)(b), the terms of the appointment shall preclude the Agency from giving financial assistance in respect of expenditure which is not qualifying expenditure within the meaning of section 164.
(1)In subsection (1) of section 98 (disposal of land by public bodies at direction of Secretary of State) of the [1980 c. 65.] Local Government, Planning and Land Act 1980 (“the 1980 Act”)—
(a)in paragraph (a), for the words “is for the time being entered on a register maintained by him under section 95 above” there shall be substituted the words “for the time being satisfies the conditions specified in section 95(2) above”; and
(b)in paragraph (b), for the words “is for the time being entered on such a register” there shall be substituted the words “for the time being satisfies those conditions”.
(2)In section 99A of that Act (powers of entry), subsection (2) (which precludes entry on land which is not for the time being entered on a register maintained under section 95) shall cease to have effect.
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