167 Guarantees where energy administration order is made
Energy Act 2004 (2004 c 20) | Legislation

167  Guarantees where energy administration order is made

(1)     This section applies where an energy administration order has been made in relation to a company.

(2)     The Secretary of State may guarantee—

(a)     the repayment of any sum borrowed by the company while the energy administration order is in force;

(b)     the payment of interest on such a sum; and

(c)     the discharge of any other financial obligation of the company in connection with the borrowing of such a sum.

(3)     The Secretary of State may give a guarantee under this section in such manner,

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