Loch Leven and Lochaber undertakings
12(1)In this section “electricity” means electricity generated by water power.
(2)Subject to—
(a)the Acts of 1901 to 1910;
(b)the Acts of 1921 to 1940; and
(c)the [1989 c. 29.] Electricity Act 1989;
the Loch Leven undertaking and the Lochaber undertaking shall include all necessary rights, benefits and powers to enable the use, supply or transmission of electricity by or to any person for any purpose and upon such terms and conditions as Alcan UK or the Power Company, as the case may be, see fit.