PART 2Exit applications

Notice of exit application and power to require further information

Notice of exit application9

1

Where a relevant undertaker makes an exit application, it must publish notice of the application on its website.

2

The relevant undertaker must also give notice of the application to—

a

the WSRA, and

b

the Consumer Council for Water.

3

A notice under paragraph (1) or (2) must specify—

a

the date of the exit application,

b

the name of the acquiring licensee or licensees, and

c

the exit date.

4

A relevant undertaker that has made an exit application must comply with paragraphs (1) and (2) by the end of the period of 7 days beginning with the date of the application.

5

A notice published on the relevant undertaker’s website under paragraph (1) must not be removed until—

a

the exit date has passed,

b

the application is withdrawn under regulation 14, or

c

the Secretary of State is notified under regulation 15 that the relevant undertaker or an acquiring licensee no longer wishes to proceed.

6

A duty imposed on a relevant undertaker by this regulation is enforceable under section 18 of the 1991 Act11.