Paragraph 123 Transfer of the benefitI1
England and Wales
The undertaker must within 7 days after the completion of any sale, agreement or other transaction under article 7 (benefit of the Order) in relation to which any powers, rights and obligations of the undertaker are transferred to another party, notify the PLA in writing, and the notice must include particulars of the other party to the transaction under article 7, the general nature of the transaction and details of the extent, nature and scope of the works or functions sold, transferred or otherwise dealt with.
Annotations
Commencement
- I1
Sch. 9 para. 123 in force at 8.1.2026, see art. 1