Part I Gas Supply
F1Gas transmission and the operation of gas interconnectors: independence
8PValidity of acts infringing section 8O
(1)
The following are voidable on an application to the court—
(a)
the exercise of a shareholder right in breach of section 8O;
(b)
the appointment of a senior officer in breach of that section.
(2)
Any person may make an application under subsection (1).
(3)
Such an application may not be made after the end of the 5 years beginning with the day on which the shareholder right was exercised or the appointment made.
(4)
If, by virtue of this section, the court declares the exercise of a shareholder right or an appointment to be void, it may make an order as to the consequences of its declaration.
(5)
In this section, “the court” means—
(a)
in relation to England and Wales, the High Court, and
(b)
in relation to Scotland, the Court of Session.