# Energy Act 2004, Paragraph 32


(1) This paragraph applies for the purposes of the 1992 Act where an asset is transferred by a transfer to which this Part of this Schedule applies.
(2) The asset shall be treated as disposed of to the Secretary of State for a consideration of such amount as would secure that, on the disposal, neither a gain nor a loss accrues to BNFL.

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Source: https://www.legislation.gov.uk/ukpga/2004/20/schedule/9/paragraph/32 (the official version)
Page: https://openlegislation.uk/energy-act-2004/schedule-9/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.