# Gas Act 1995, Paragraph 6


(1) Subject to the provisions of paragraph 7 below, on the appointed day all property, rights and liabilities—
(a) to which immediately before that day the public gas supplier was entitled or subject; and
(b) which are allocated to the nominated associate by the scheme under paragraph 2 above,
shall become by virtue of this paragraph property, rights and liabilities of that associate.
(2) On the appointed day the public gas supplier’s authorisation under section 7 of the 1986 Act shall have effect as provided for by the scheme under paragraph 4 above.

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Source: https://www.legislation.gov.uk/ukpga/1995/45/schedule/5/paragraph/6 (the official version)
Page: https://openlegislation.uk/gas-act-1995/schedule-5/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.