Version Superseded: 25/07/2003
Point in time view as at 09/05/1991. This version of this provision has been superseded.
There are currently no known outstanding effects for the Telecommunications Act 1984, Paragraph 40.
40(1)Notwithstanding the repeal of subsection (12) of section 6 of the 1981 Act, it shall be the duty of British Telecommunications to make a report to the Secretary of State in accordance with that subsection in respect of the last accounting year of British Telecommunications ending before the transfer date.
(2)Notwithstanding the repeal of section 31 of the 1981 Act, it shall be the duty of British Telecommunications to prepare statements of accounts in accordance with subsections (1)(b) and (c) of that section in respect of the last accounting year of British Telecommunications ending before the transfer date, and that section shall continue to apply during the transitional period in relation to those statements and in relation also to the auditing of accounts kept in accordance with subsection (1)(a) of that section in respect of that accounting year.
(3)Any expenses incurred by British Telecommunications under this paragraph shall be met by the successor company.
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