Electricity Act 1957

3 (1) Any tariff fixed before the passing of this Act by the Central Authority, in accordance with subsections (1) and (2) of section thirty-seven of the principal Act, for regulating the prices to be charged by the Authority for the supply of electricity by them to Area Boards during the period of twelve months beginning on the first day of April, nineteen hundred and fifty-seven.—

(a) shall apply to electricity supplied to Area Boards within that period by the Generating Board on or after the vesting date, as well as to electricity supplied to Area Boards within that period by the Central Authority before the vesting date, and

(b) shall have effect, and shall be deemed to have had effect as from the said first day of April, as if any reference therein to the Central Authority were a reference to the Central Authority or the Generating Board.

(2) Subsection (2) of section twenty-six of this Act shall not apply to any such tariff as is mentioned in the preceding sub-paragraph.

(3) Any charges payable under any such tariff in respect of electricity supplied to an Area Board before the vesting date, in so far as they are not paid to the Central Authority, shall be payable to the Generating Board.

(4) Notwithstanding the amendment made by subsection (2) of section fourteen of this Act, the tariffs in force under subsection (3) of section thirty-seven of the principal Act immediately before the vesting date shall remain in force on and after that date, until varied or replaced by tariffs fixed in accordance with the said subsection (3) as so amended.

(5) Nothing in subsection (2) of section fourteen of this Act shall be construed as affecting any agreement in force immediately before the vesting date, being an agreement entered into by an Area Board under the provisions of subsection (7) of section thirty-seven of the principal Act (under which Area Boards are empowered to enter into special agreements with consumers).