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The Electricity (Northern Ireland) Order 1992

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This is the original version (as it was originally made).

7.—(1) Where 2 or more transfers are effected under a transfer scheme, a certificate issued by either or any of the transferees (“transferee A”) with the concurrence of the other or others of them that—

(a)any asset specified in the certificate;

(b)any such interest in or right over any such asset as may be so specified; or

(c)any liability so specified,

is by virtue of this Order for the time being vested in transferee A shall be conclusive evidence for all purposes of that fact.

(2) If, on the expiration of one month from a request from either or any of the transferees (“transferee A”) for the other or one of the others of them (“transferee B”) to concur in the issue of such a certificate, transferee B has failed so to concur—

(a)transferee A may refer the matter to the Department; and

(b)the Department may direct transferee B to concur in the issue of a certificate prepared in such terms as are specified in the direction.

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