C1SCHEDULEENERGY TRANSFER SCHEMES
Annotations:
Modifications etc. (not altering text)
Transfers in the case of non-NI companies
10
Where the old energy company is a non-NI company, the property, rights and liabilities of that company which may be transferred by an energy transfer scheme, or in relation to which interests, rights or liabilities may be created by such a scheme, are confined to—
a
property of the old energy company in Northern Ireland;
b
rights and liabilities arising in relation to any such property; and
c
rights and liabilities arising in connection with the affairs and business of the company so far as carried on in Northern Ireland.
Sch.: power to apply (with modifications) conferred (26.10.2023) by Energy Act 2023 (c. 52), s. 334(2)(l), Sch. 18 para. 50