{
  "url": "https://openlegislation.uk/electricity-act-1989/section-91",
  "json_url": "https://openlegislation.uk/electricity-act-1989/section-91.json",
  "legislation": "ukpga/1989/29",
  "legislation_title": "Electricity Act 1989",
  "legislation_url": "https://openlegislation.uk/electricity-act-1989",
  "path": "section/91",
  "kind": "section",
  "number": "91",
  "heading": "Electricity Stock.",
  "text": "(1) On the transfer date all the rights and liabilities —\n(a) to which the Electricity Council was entitled or subject immediately before that date under the terms of issue of British Electricity Stock; or\n(b) to which the North of Scotland Hydro-Electric Board was entitled or subject immediately before that date under the terms of issue of North of Scotland Electricity Stock,\nshall become by virtue of this section rights and liabilities of the Treasury.\n(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) The Bank of England shall deal with—\n(a) money paid to them under subsection (2) above; and\n(b) money already in their hands which represents such unclaimed interest or redemption money as is mentioned in that subsection,\nas money entrusted to them for payment to holders of the Stock concerned and section 5 of the Miscellaneous Financial Provisions Act 1955 (which relates to unclaimed dividends etc. on Government Stock) shall apply accordingly.\n(4) In this section—\n“British Electricity Stock” means any stock created and issued under section 16(1) of the Electricity Act 1957 or under section 40 of the Electricity Act 1947;\n“North of Scotland Electricity Stock” means any stock created and issued under section 13 of the Hydro-Electric Development (Scotland) Act 1943.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 91(2) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 5 Group 5"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "1955 c. 6."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1957 c. 48."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "1947 c. 54."
    },
    {
      "type": "M",
      "label": "M4",
      "text": "1943 c. 32."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1989/29/section/91",
    "retrieved_at": "2026-10-29T09:46:38.123919+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}