44 Eligible licensees

44  Eligible licensees

(1)     Exit regulations may—

(a)     make provision for a relevant undertaker to specify in its exit application the eligible licensee or licensees to which it proposes to transfer a part of its undertaking;

(b)     make provision for the WSRA to direct one or more eligible licensees to accept the transfer of a part of the relevant undertaker's undertaking.

(2)     In this Chapter an “eligible licensee” is a company—

(a)     that has a water supply licence with a retail authorisation or a sewerage

Powered by Lexis+®

Popular documents