# Steel Industry (Nationalisation) Act 2026, Section 21: Licences

Extent: E+W+S+N.I.

(1) A licence in respect of anything transferred by property transfer regulations continues to have effect despite the transfer.
(2) Property transfer regulations may disapply subsection (1) to a specified extent.
(3) Where a licence imposes rights or obligations, property transfer regulations may apportion responsibility for exercise or compliance between transferor and transferee.
(4) In this section, “licence” includes permission and approval and any other permissive document in respect of anything transferred.

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Source: https://www.legislation.gov.uk/ukpga/2026/27/section/21 (the official version)
Page: https://openlegislation.uk/steel-industry-nationalisation-act-2026/section-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.