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The British Gas Corporation (Dissolution) Order 1990
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- UK Statutory Instruments
- 1990 No. 147
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order dissolves the British Gas Corporation. The Corporation’s property, rights and liabilities were transferred to British Gas p.l.c. on 24th August 1986 under section 49 of the Gas Act 1986. Section 57 of that Act provided for the Corporation to continue in existence after the transfer dat in order to carry out certain duties specified in Schedule 8 to the Act (in particular a duty to secure that the vesting of any foreign property, rights and liabilities in British Gas p.l.c. was effective under the relevant foreign law); those duties have been fulfilled.
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