It is intended to facilitate the organisation of the Games, and to aid the UK in compliance with its responsibilities and obligations.
The Act creates the Olympic Delivery Authority to prepare for the Games, and gives it various abilities, such as: acquiring, owning and disposing of lands, entering into contracts, and applying for planning permission.
It also has some powers under the Local Government, Planning and Land Act 1980.
The Olympic Delivery Authority is required by the Act to draw up a plan for transport for the Games, having consulted with various interested parties.
The Act grants to the Secretary of State the power to regulate advertising and street trading (trading on a highway or other public place) in the vicinity of Olympic events as he or she sees fit, violations of which regulations are punishable by a fine.