(1)No step to enforce a security over property of a protected energy company is to be taken by any person, unless—
(a)notice of his intention to do so has been served both on the Secretary of State and on GEMA; and
(b)a period of at least fourteen days has elapsed since the service of the last of those notices to be served.
(2)In the case of a protected energy company which is a non-GB company, the reference in subsection (1) to the property of the company is a reference only to its property in Great Britain.
Modifications etc. (not altering text)
C1Ss. 154-171 modified (1.10.2005) by Energy Administration Rules 2005 (S.I. 2005/2483), rules 1, 184 (with rules 3, 187)
Commencement Information
I1S. 164 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
