OpenLegislation

Section 27 Restrictions on enforcement of securityC1

(1)

No step to enforce a security over property of a protected energy company is to be taken by any person, unless—

(a)

notice of intention to do so has been served both on the Department and on the Authority; and

(b)

a period of at least 14 days has elapsed since the service of the last of those notices to be served.

(2)

In the case of a protected energy company which is a non-NI company, the reference in subsection (1) to the property of the company is a reference only to its property in Northern Ireland.

Annotations

Modifications

C1

Ss. 19-33: power to apply (with modifications) conferred (26.10.2023) by Energy Act 2023 (c. 52), s. 334(2)(l), Sch. 18 para. 50