Point in time view as at 01/08/2020.
Energy Act 2004, Cross Heading: Application of Part 2 of Schedule 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.
16(1)This Part of this Schedule applies to a transfer if—U.K.
(a)it is a transfer in accordance with a section 39 scheme of securities of a BNFL company or of property, rights or liabilities of a BNFL company; and
(b)the transferee is a publicly owned company which is not a subsidiary of the NDA.
(2)This Part of this Schedule also applies to a transfer if it is a transfer in accordance with a section 39 scheme to a transferee falling within sub-paragraph (3) of—
(a)property, rights or liabilities of the UKAEA;
(b)securities of a wholly-owned subsidiary of the UKAEA; or
(c)property, rights or liabilities of such a subsidiary.
(3)The transferee falls within this sub-paragraph if it is—
(a)a publicly owned company which is not a subsidiary of the NDA; or
(b)the UKAEA.
(4)In this paragraph “BNFL company” means BNFL or a wholly-owned subsidiary of BNFL.
Commencement Information
I1Sch. 9 para. 16 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
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