SCHEDULEENERGY TRANSFER SCHEMES
Application of Schedule to transfers to subsidiaries
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Where the proposed transfer falling within subsection (3) of section 18 is a transfer of the kind mentioned in subsection (4)(a) of that section, this Schedule shall have effect in relation to that transfer as if—
a
paragraph 3(1)(a) were omitted; and
b
paragraph 3(6) had effect with “the old energy company has consented may be made” substituted for the words from “both” onwards.