The Electricity (Scottish Nuclear Limited) (Target Investment Limit) Order 1996
Electricity supply
King's Printer of Acts of Parliament
2011-07-04
ELECTRICITY
This Order fixes the target investment limit for the Government shareholding in Scottish Nuclear Limited which is a privatised Scottish nuclear company (as that term is used in Part II of the Electricity Act 1989). Under that Act the limit must be expressed as a proportion of the voting rights exercisable in all circumstances at general meetings of the company. The Government shareholding must normally be kept within this limit. In this case the limit is fixed as nil.
George KynochParliamentary Under Secretary of StateSt Andrew’s House,Edinburgh
We consent,
Richard OttawayRoger KnapmanTwo of the Lords Commissioners of Her Majesty’s Treasury