Version Superseded: 22/07/2004
Point in time view as at 01/05/2004.
Electricity Act 1989, Paragraph 31 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
31(1)Notwithstanding the repeal by this Act of section 30 of the M1Electricity (Scotland) Act 1979, it shall be the duty of each Scottish Board to prepare an annual statement of accounts in accordance with that section in respect of each financial year ending before the transfer date, and that section shall continue to apply during the transitional period in relation to such a statement and the auditing of such a statement.E+W+S
(2)Notwithstanding the repeal by this Act of section 42 of that Act, it shall be the duty of each Scottish Board to make an annual report to the Secretary of State in accordance with that section in respect of each financial year ending before the transfer date.
(3)Any expenses incurred by a Scottish Board under this paragraph shall be met by the appropriate successor company.
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