delete SPECIFIED ACTIVITIES
The Transport for London (Specified Activities) Order 2000 is a governance instrument made under the Greater London Authority Act 1999 that defines and limits the specified activities Transport for London may carry out. It requires TfL to conduct such activities only through limited company subsidiaries rather than directly, and excludes certain cost-reimbursement charges from the definition of 'fee'. The Order essentially creates a corporate structure requirement for TfL's commercial and incidental activities.
This Order imposes an unnecessary corporate structure requirement that adds administrative cost and complexity without commensurate benefit. While TfL's public transport functions may warrant separate corporate vehicles for commercial activities, mandating this structure through secondary legislation restricts operational flexibility and creates artificial barriers to alternative delivery models. The restriction forces all specified activities through a single subsidiary model regardless of the activity type, scale, or risk profile, preventing TfL from adopting more efficient structures or partnering with the private sector on terms that would best serve Londoners. A public body already substantially funded by taxpayers does not require this level of government control over its corporate governance choices.