Paragraph 7 I1

(1)

Right to buy regulations must specify the kinds of stakes in qualifying facilities which may be bought through the right to buy.

(2)

A stake may take any of the following forms—

(a)

one or more shares in a company;

(b)

any other interest in a body other than a company;

(c)

an equitable interest;

(d)

a right to a royalty related to revenues;

(e)

a loan.

(3)

Right to buy regulations may make provision about the rights, obligations, powers and other terms attaching to a stake.

Annotations