residuary body

Similar residuary bodies were set up for the metropolitan counties.

Some assets were given to residuary bodies for disposal.

ENTel remained in existence for a number of years as a residuary body, running off existing contracts and completing the details of its sale.

BR will be divided into an infrastructure authority, called Railtrack, and a residuary body to run passenger services until these have all been franchised to private operators.

In 1988, the government of the day asked the Greater Manchester Residuary Body to sell off its holdings in the area; 3,000 people, worried that it would be sold to developers, gathered in the vale to protest.

The building remained in use by the Inner London Education Authority (ILEA) until its abolition in 1990 when the building was transferred to the London Residuary Body and eventually sold to private investors.

As a residuary body, the company is responsible for discharging a variety of functions, including obligations in respect of liabilities acquired by British Rail as a major employer over nearly half a century (such as pensions) and as a direct result of the privatisation process.

Unusually, the Corporation also runs the unheated Parliament Hill Lido, as it is part of Hampstead Heath which the London Residuary Body with the agreement of the London Boroughs gave into the safekeeping of the City, for the benefit of the public, in 1989.