PART 4Government Pipe-line and Storage System
I1125Right to transfer the government pipe-line and storage system
1
The Secretary of State may—
a
sell or lease the government pipe-line and storage system or any part of it;
b
transfer for valuable consideration or otherwise the ownership of the system or any part of it;
c
transfer for valuable consideration or otherwise any right relating to the system or any part of it (whether a right conferred by this Part or otherwise);
d
transfer any liability relating to the system or any part of it.
2
Any sale, lease or transfer by virtue of subsection (1) may be subject to such conditions, if any, as the Secretary of State considers appropriate.