London Government Citation and commencement 1 1 This Order may be cited as the Localism Act 2011 (Housing and Regeneration Functions in Greater London) (Consequential, Transitory, Transitional and Saving Provisions) Order 2012. 2 This Order comes into force on 31st March 2012, with the exception of article 8(1) so far as it relates to paragraph 2 of Schedule 1, which comes into force on 1st April 2012. Interpretation 2 In this Order— “ the Agency ” means the London Development Agency; “the Authority” means the Greater London Authority; “the commencement date” means 31st March 2012. General saving provision 3 The abolition of the Agency does not affect the validity of anything done by, on behalf of or in relation to the Agency before the commencement date. Provision for continuity in the exercise of functions 4 1 Anything which, before the commencement date, is in the process of being done by, on behalf of or in relation to the Agency may be continued, on and after that date, by or on behalf of or in relation to the Authority. 2 Anything done (or having effect as if done) by or in relation to the Agency before the commencement date, has effect on and after that date as if done by or in relation to the Authority, so far as that is required for continuing its effect on and after that date. 3 The reference in paragraphs (1) and (2) to anything done, or in the process of being done, by or in relation to the Agency includes without limitation any applications made or any authorisations or notices given, to, by or in relation to the Agency. Transitional provision in relation to investigations under the Local Government Act 1974 5 An investigation may be begun in accordance with Part 3 of the Local Government Act 1974 on or after the commencement date in relation to the actions or failures to act of the Agency before the commencement date, but in such a case the provisions of that Part shall have effect as if the actions or failures concerned were actions or failures of the Authority. Transitory provision: final annual accounts of the London Development Agency 6 1 The Authority must prepare a statement of the accounts of the Agency for the financial year ending on 31st March 2012 (“the final annual accounts”) in accordance with the provisions of Part 2 of the Audit Commission Act 1998 . 2 The Authority must send a copy of the final annual accounts to the Audit Commission by 30th June 2012. 3 As soon as the final annual accounts have been examined, certified and reported on by the Audit Commission, the Authority must send to the Secretary of State a copy of the accounts together with the Audit Commission’s report on them. Transitory provision: final annual report on the London Development Agency 7 The Authority must, by 30th September 2012, make a report to the Secretary of State on the exercise and performance by the Agency of its functions during the financial year ending on 31st March 2012 (“the final report”) and must include in the final report— a a copy of the audited final annual accounts prepared under article 6; and b a copy of the Audit Commission’s report. Amendments of secondary legislation 8 1 The amendments specified in Schedule 1 have effect. 2 The revocations specified in Schedule 2 have effect. Bob Neill Parliamentary Under Secretary of State Department for Communities and Local Government 2nd March 2012