- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (01/10/2016)
- Gwreiddiol (Fel y'i Deddfwyd)
Infrastructure Act 2015
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Status:
Point in time view as at 01/10/2016.
Changes to legislation:
Infrastructure Act 2015,
PART 2
is up to date with all changes known to be in force on or before 26 December 2024. 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.
Changes to Legislation
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PART 2 E+W+SOperators, ownership & related matters
“Operator and ownership regulations” E+W+S
14E+W+SIn this Schedule “operator and ownership regulations” means regulations under subsection (2) of section 38.
Commencement Information
I1Sch. 6 para. 14 in force at 1.6.2016, see s. 57(7)(a)
Bodies that may be facility operatorsE+W+S
15E+W+SIf operator and ownership regulations specify two or more kinds of bodies which may be a facility operator, the regulations may make provision about which kind of body may own which kind of facility in which circumstances.
Commencement Information
I2Sch. 6 para. 15 in force at 1.6.2016, see s. 57(7)(a)
Constitutions of facility operatorsE+W+S
16(1)Operator and ownership regulations may require the constitution of a facility operator to be in accordance with provision specified in the regulations.E+W+S
(2)In the case of a facility operator that is a company, the regulations may require the constitution of the company to be in accordance with provision about—
(a)the voting rights attached to, or other characteristics of, shares in the company;
(b)the issuing of new shares in the company.
Commencement Information
I3Sch. 6 para. 16 in force at 1.6.2016, see s. 57(7)(a)
Ownership of facility operatorsE+W+S
17(1)Operator and ownership regulations may make provision about the ownership of facility operators.E+W+S
(2)The regulations may—
(a)impose limitations on who may own a facility operator;
(b)require the owners of a facility operator to consist of, or include, one or more persons of a kind specified in the regulations.
Commencement Information
I4Sch. 6 para. 17 in force at 1.6.2016, see s. 57(7)(a)
Conduct of owners of facility operatorsE+W+S
18(1)Operator and ownership regulations may make provision about the conduct of the owners of facility operators.E+W+S
(2)The regulations may impose duties, restrictions or prohibitions in relation to the exercise of rights or powers of owners (including a right or power to exercise a vote attached to a share).
Commencement Information
I5Sch. 6 para. 18 in force at 1.6.2016, see s. 57(7)(a)
RevenuesE+W+S
19(1)Operator and ownership regulations may make provision about the treatment of the revenues earned by a qualifying facility.E+W+S
(2)The regulations may restrict or prohibit the making of arrangements affecting the destination of the revenues.
Commencement Information
I6Sch. 6 para. 19 in force at 1.6.2016, see s. 57(7)(a)
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