Water Act 1989 (c. 15)

Part II U.K. Water Supply and Sewerage Services

Chapter V U.K. Ownership and Finances of Successor Companies etc.

96 Interpretation of Chapter V. E+W

In this Chapter—

• “debentures” includes debenture stock;

• “nominated holding company”, in relation to a successor company, means the company nominated under section 83(1) above as that successor company’s nominated holding company;

• “securities”, in relation to a company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company; and

• “shares” includes stock.