[10M Prohibition on the exercise of certain shareholder rights and rights of appointment]
Electricity Act 1989 (1989 c 29) | Legislation

[10M  Prohibition on the exercise of certain shareholder rights and rights of appointment]

[(1)     A person must not exercise a shareholder right or a right of appointment if—

(a)     the right falls within subsection (2), (3), (4) or (5);

(b)     the relevant date in respect of the certified person mentioned in that subsection has been reached;

(c)     the exercise of the right would or might lead the certified person to discriminate in favour of the relevant producer or supplier mentioned in that subsection; and

(d)     the relevant producer or supplier is a person to whom subsection (6) applies.

(2)

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