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Changes over time for: Section 59B
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Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/01/2017.
Changes to legislation:
There are currently no known outstanding effects for the Water Resources Act 1991, Section 59B.
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Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
[59BVesting of licence on death or bankruptcy of holderE+W
(1)On the death of the holder of a licence under this Chapter, the licence shall be regarded as property forming part of the deceased’s personal estate, whether or not it would be so regarded apart from this subsection, and shall accordingly vest in his personal representatives.
(2)If a bankruptcy order is made against the holder of a licence under this Chapter, the licence shall be regarded for the purposes of any of the Second Group of Parts of the Insolvency Act 1986 (insolvency of individuals; bankruptcy) as property forming part of the bankrupt’s estate, whether or not it would be so regarded apart from this subsection, and shall accordingly vest as such in the trustee in bankruptcy.
(3)A person in whom a licence vests under this section shall become the holder of the licence, in place of the prior holder, from the date of the vesting.
(4)Where a licence other than a temporary licence vests in any person under this section, that person shall give notice of that fact to the [appropriate agency] not later than the end of the period of fifteen months beginning with the date of the vesting.
(5)If—
(a)a licence vests in any person under this section; but
(b)that person fails to give the notice required by subsection (4) above within the period mentioned there,
the licence shall cease to have effect.]
Yn ôl i’r brig