85 Transfer of successor company liabilities to holding companies
Water Act 1989 (1989 c 15) | Legislation

85  Transfer of successor company liabilities to holding companies

(1)     The Secretary of State may by order made by statutory instrument transfer to that company's nominated holding company the liabilities of a successor company in respect of the principal of any relevant loan.

(2)     Where the Secretary of State has made an order under subsection (1) above in respect of the liabilities of any successor

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