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Gas Act 1972
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- UK Public General Acts
- 1972 c. 60
- SCHEDULE 7
- PART IV
- British Gas Stock issued...
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British Gas Stock issued under Gas Act 1948 by way of compensation
23Notwithstanding the repeal by this Act of the Gas Act 1948—
(a)composite companies within the meaning of that Act shall continue to have the rights and powers conferred on them in connection with British Gas Stock by section 30(7) of that Act, and
(b)paragraph 5 of Part I of Schedule 2 to that Act, including that paragraph as applied by paragraph 6 of Part II of that Schedule, shall continue to apply to British Gas Stock issued pursuant to that Schedule.
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