# Electricity Act 1989, Paragraph 10

Extent: E+W+S

The vesting in a successor company by this Act of a liability for any loan made to an existing body shall not affect any direction in respect of the loan given or having effect as if given by the Treasury under section 755 of the Income Tax (Trading and Other Income) Act 2005 (income tax exemption for interest on foreign securities).

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Source: https://www.legislation.gov.uk/ukpga/1989/29/schedule/11/paragraph/10 (the official version)
Page: https://openlegislation.uk/electricity-act-1989/schedule-11/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.