50 Transfer schemes
Energy Act 2023 (2023 c 52) | Legislation

Chapter 5
Transfer Schemes

50  Transfer schemes

(1)     This section applies where—

(a)     a termination event has arisen in relation to a licence, and

(b)     the economic regulator has complied with its duties under section 17 in relation to the termination event.

(2)     The Secretary of State may make a scheme for the transfer of designated property, rights or liabilities of the licence holder to a person falling within subsection (3), or two or more of those

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