# Water Act 2014, Section 48: Exit applications: further provision

Status: prospective

(1) Exit regulations may make provision about the provision relating to exit applications that may be included in a relevant undertaker's conditions of appointment.
(2) Exit regulations may in particular prohibit the inclusion of provision requiring a relevant undertaker to make an exit application.
(3) Exit regulations may make provision for requiring the WSRA or the CMA to obtain the consent of the Secretary of State—
(a) before exercising a function so as to require a relevant undertaker to make an exit application, or
(b) before exercising a function in a way that is likely to result in a relevant undertaker making an exit application.

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Source: https://www.legislation.gov.uk/ukpga/2014/21/section/48 (the official version)
Page: https://openlegislation.uk/water-act-2014/section-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.