85 Transfer of gas licences
Utilities Act 2000 (2000 c 27) | Legislation

85  Transfer of gas licences

For section 8AA of the 1986 Act (assignment of gas licences) there is substituted—

“8AA Transfer of licences

(1)     A licence—

(a)     shall be capable of being transferred by the licence holder, with the consent of the Authority, in accordance with this section and subject to any term of the licence relating to its transfer;

(b)     may include conditions which must be complied with before the licence can be transferred.

(2)     A transfer may relate to the whole or any part of the licence.

(3)     The reference in subsection (2) to part of a licence is a reference to a part of the activities authorised by the licence (whether described by reference to activities being carried on by the licence holder or to activities which he is authorised to carry on).

(4)     Such consent

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