Article 1 Citation, commencement and interpretation

This Order may be cited as the North Surrey Water Order 1988 and shall come into force on 9th May 1988.

The North Surrey Water Acts and Orders 1877 to 1986 and this Order may be cited together as the North Surrey Water Acts and Orders 1877 to 1988.

In this Order —

• “the 1973 Order” means the North Surrey Water Order 1973^f1;

• “the 1983 Order” means the North Surrey Water Order 1983^f2;

• “the 1986 Order” means the North Surrey Water Order 1986^f3;

• “the Company” means the North Surrey Water Company;

• “the conversion date” means such date as may be determined by resolution of the directors of the Company;

• “the initial period” means the period of 5-years beginning with the coming into force of this Order;

• “the 3.5% Ordinary Stock” means the 3.5% ordinary stock of the Company;

• “the old 3.5% stock” means the 3.5% (formerly 5%) ordinary stock of the Company;

• “the Third Schedule” means the Third Schedule to the Water Act 1945 as it applies to the undertaking;

• “the undertaking” means the undertaking of the Company as for the time being authorised by any enactment.