Part III S Powers of Water Authorities for the purposes of Water Supply

Modifications etc. (not altering text)

C1 Pt. III (ss. 12 - 38): power to apply conferred (1.10.1991) by Natural Heritage (Scotland) Act 1991 (c. 28, SIF 46:1, 130), s. 20(10), Sch. 7 para. 5(1)(b)

32 Power of water undertakers to supply water to water authorities. S

(1) Any person supplying water, whether under statutory powers or not, may—

(a) contract to supply water to a water authority; or

(b) subject to subsection (2), sell or lease to a water authority all or any of his waterworks and all his rights, powers and privileges attaching thereto but subject to all liabilities attaching thereto.

(2) A sale by a company under subsection (1) must be authorised by special resolution of the members passed in the manner provided in Part IV of the M1 Companies Act 1948 if the company is a company within the meaning of that Act, and if the company is not such a company, by resolution passed by three-fourths in number and value of the members present, either personally or by proxy at a meeting specially convened for the purpose with a notice of the business to be transacted.

Marginal Citations

M1 1948 c. 38.