This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
2. Where a statutory water company applies to the court under section 425(1) of the Companies Act 1985(1) (“the 1985 Act”) with a view to securing an order of the court in respect of a compromise or arrangement in anticipation of provision contained in a memorandum and articles having effect as mentioned in section 101(2)(b) of the Water Act 1989, Part XIII of the 1985 Act shall apply –
(a)with the insertion after the words “no effect until” in section 425(3) of the words “the memorandum and articles come into force by virtue of an order made by the Secretary of State under section 101(2)(c) of the Water Act 1989 and”; and
(b)as if sections 427 to 430 were omitted.
1985 c. 6; see paragraph 71(1) of Schedule 25 to the Water Act 1989 as to the construction of section 425(6)(a) of the 1985 Act.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
