Statement by Ms. Tatiana Valovaya, Member of tthe Board, Minister in charge for Integration and Macroeconomics
Financial assistance to reduce charges
In Part 5 of the Water Industry Act 1991, in Chapter 2 (financial assistance for undertakers and licensed water suppliers), after section 154 there is inserted—
Financial assistance for major works
In Chapter 2 of Part 5 of the Water Industry Act 1991, after section 154A (inserted by section 1) there is inserted—
Short title, commencement and extent
subsection section-3-1
This Act may be cited as the Water Industry (Financial Assistance) Act 2012.
subsection section-3-2
Sections 1 and 2 come into force at the end of the period of two months beginning with the date on which this Act is passed.
subsection section-3-3
This section comes into force on the day on which this Act is passed.
subsection section-3-4
This Act extends to England and Wales only.