# The Water and Sewerage Undertakers (Exit from Non-household Retail Market) Regulations 2016, Paragraph 2: Making of scheme


(1) A transfer scheme does not take effect unless—
(a) the acquiring licensee or licensees have consented to the scheme, and
(b) the WSRA has approved the scheme.
(2) A transfer scheme takes effect at the time specified in the scheme.
(3) The time so specified must not be before the exit date.

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Source: https://www.legislation.gov.uk/ukdsi/2016/9780111147177/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-water-and-sewerage-undertakers-exit-from-non-household-retail-market-regulations-2016/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.