The London Residuary Body was a body set up in 1985 to dispose of the assets of the Greater London Council after the council's abolition in 1986. Similar residuary bodies were set up for the metropolitan counties. After the abolition of the Inner London Education Authority, 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 debates 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".