OpenLegislation

Part II Transfer of Undertaking of CorporationC1

  1. 49Vesting of property etc. of Corporation in a company nominated by the Secretary of State.
  2. 50British Gas Stock.
  3. 51Initial Government holding in the successor company.
  4. 52Government investment in securities of the successor company.
  5. 53Exercise of functions through nominees.
  6. 54Target investment limit for Government shareholding.
  7. 55Financial structure of the successor company.
  8. 56Temporary restrictions on successor company’s borrowings etc.
  9. 57Dissolution of the Corporation.
  10. 58. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  11. 59Application of Trustee Investments Act 1961 in relation to investment in the successor company.
  12. 60Tax provisions.
  13. 61Interpretation etc. of Part II.

Annotations

Modifications

C1

Pt. II (ss. 49-61) extended (15.12.2001) by S.I. 2001/4011, art. 12(1)(b)