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Energy Act 2004
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Energy Act 2004, Paragraph 3 is up to date with all changes known to be in force on or before 24 February 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.
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Changes and effects yet to be applied to Schedule 6 Paragraph 3:
- s. 137(3)(c)-(e) inserted by 2011 c. 16 s. 117(b)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 137(3)(c)-(e) inserted by 2011 c. 16 s. 117(b)
This section has no associated Explanatory Notes
3(1)The Treasury or a Minister of the Crown may use money provided by Parliament for the acquisition of—U.K.
(a)securities of the transferee company; or
(b)rights to subscribe for such securities.
(2)The consent of the Treasury is required for—
(a)an acquisition by a Minister of the Crown under sub-paragraph (1); or
(b)a disposal by a Minister of the Crown of securities or rights acquired by virtue of this paragraph.
Commencement Information
I1Sch. 6 para. 3 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
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