Point in time view as at 01/04/2009.
Energy Act 2004, Cross Heading: Transfer of licences is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
5(1)The provision that may be made by an energy transfer scheme includes the transfer of a relevant licence from the old energy company to the new energy company.E+W+S
(2)Such a transfer may relate to the whole or any part of the licence.
(3)Where such a transfer relates to a part of the licence, the provision made under sub-paragraph (1) may include—
(a)provision apportioning responsibility between the old energy company and the new energy company in relation to—
(i)the making of payments required by conditions included in the licence;
(ii)ensuring compliance with any other requirements of the conditions included in the licence; and
(b)provision making incidental modifications to the terms and conditions of the licence.
(4)References in this paragraph to a part of a licence are references to one or both of—
(a)a part of the activities authorised by the licence;
(b)a part of the area in relation to which the holder of the licence is authorised to carry on those activities.
Commencement Information
I1Sch. 21 para. 5 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
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