2 General duties with respect to water industry

General duties

2  General duties with respect to water industry

(1)     This section shall have effect for imposing duties on the Secretary of State and on [the Authority] as to when and how they should exercise and perform [the powers and duties conferred or imposed on the Secretary of State or the Authority by virtue of any of the relevant provisions].

[(2A)     The Secretary of State or, as the case may be, the Authority shall exercise and perform the powers and duties mentioned in subsection (1) above in the manner which he or it considers is best calculated—

(a)     to further the consumer objective;

(b)     to secure that the functions of a water undertaker and of a sewerage undertaker are properly carried out as respects every area of England and Wales;

(c)     to secure that companies holding appointments under Chapter 1 of Part 2 of this Act as relevant undertakers are able (in particular, by securing reasonable returns on their capital) to finance the proper carrying out of those functions; . . .

(d)     to secure that the activities authorised by the licence [of a water supply licensee or sewerage licensee] and any statutory functions imposed on it in consequence of the licence

Powered by Lexis+®

Popular documents