London Residuary Body
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The London Residuary Body was a body set up in 1985 to dispose of the assets of the
Greater London Council The Greater London Council (GLC) was the top-tier local government administrative body for Greater London from 1965 to 1986. It replaced the earlier London County Council (LCC) which had covered a much smaller area. The GLC was dissolved in 198 ...
after the council's abolition in 1986. Similar
residuary bodies A residuary estate, in the law of wills, is any portion of the testator's estate that is not specifically devised to someone in the will, or any property that is part of such a specific devise that fails. It is also known as a residual estate o ...
were set up for the metropolitan counties. After the abolition of the
Inner London Education Authority The Inner London Education Authority (ILEA) was an ad hoc local education authority for the City of London and the 12 Inner London boroughs from 1965 until its abolition in 1990. The authority was reconstituted as a directly elected body corp ...
, the LRB took control of its assets. The LRB was chaired throughout its existence by Sir Godfrey Taylor. In 1986 Tony Banks had two
adjournment debate In the Westminster system, an adjournment debate is a debate on the motion, "That this House do now adjourn." In practice, this is a way of enabling the House to have a debate on a subject without considering a substantive motion. Types of deb ...
s on the LRB, which he said "exists in a vain attempt to clear up the appalling mess left in London following the Government's ill-conceived, ill-considered and ill-finished abolition of the Greater London council", and called "an unelected, unaccountable body whose members were hand-picked by the Government". Among the GLC assets disposed of by the LRB was County Hall and Parliament Hill Lido. After all of the assets were sold, the LRB was wound up in 1996. The LRB left few traces: the most prominent being a sign with details for the car park close to the
Royal Festival Hall The Royal Festival Hall is a 2,700-seat concert, dance and talks venue within Southbank Centre in London. It is situated on the South Bank of the River Thames, not far from Hungerford Bridge, in the London Borough of Lambeth. It is a Grade I li ...
and
London Eye The London Eye, or the Millennium Wheel, is a cantilevered observation wheel on the South Bank of the River Thames in London. It is Europe's tallest cantilevered observation wheel, and is the most popular paid tourist attraction in the Unite ...
– which vanished in 2004 when the car park was built. Another is a sign on County Hall itself relating to the legal position of the walkway on the river front of County Hall signed by John Howes, Director of Administration of the LRB. See also
Workspace Group Workspace Group plc is a real estate investment trust based in London, England. Founded in 1987 by the privatisation of property assets of the former Greater London Council, the company lets office, industrial and workshop space to small and med ...
, who took on 18 properties from the LRB.


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;Acts of Parliament: * ;Statutory Instruments * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *


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References

1996 disestablishments in England Greater London Council replacement organisations 1985 establishments in England {{London-stub