Transport Act 1985
Lua error in Module:Infobox at line 314: malformed pattern (missing ']'). The Transport Act 1985 was an Act of Parliament in the United Kingdom. It introduced privatised and deregulated bus services throughout Great Britain. It was introduced by the Conservative government of Margaret Thatcher.
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Privatisation and bus deregulation came into effect on 26 October 1986. Local authorities were required to transfer their municipally-owned bus services to separate companies, at arm's length from council control. Most of these companies have since been privatised, with the notable exception of Lothian Buses in Edinburgh; a few other municipal bus companies remain today. Deregulation was not applied to bus services in Greater London; instead, the Act brought about a system of franchised routes operated by private companies but managed by London Buses Ltd.