Statutory Water Companies Act 1991 (repealed)

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Act repealed (26.5.2015) by Deregulation Act 2015 (c. 20), s. 115(3)(r), Sch. 23 para. 27

Act repealed (26.5.2015) by Deregulation Act 2015 (c. 20), s. 115(3)(r), Sch. 23 para. 27

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Powers of Statutory Water Companies

General powers

General powers of companies holding appointments.

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Powers to issue redeemable stock

Powers to issue redeemable stock.

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Terms and conditions of issue and redemption of redeemable stock.

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Relaxation of restrictions affecting raising of capital

Relaxation of limits on capital, borrowing and dividends.

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Appeals to the court in respect of applications under section 4.

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Relaxation of restrictions on payment of interest.

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Relaxation of restrictions on applications of profits.

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Relaxation of restrictions on mode of sale of shares or stock.

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Arrangements and reconstructions

Arrangements and reconstructions by certain companies.

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Power to appoint officers as directors

Power to appoint officers as directors.

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Conversion of Statutory Water Companies

Registration of statutory water companies under the Companies Act 2006.

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Adoption of articles of association.

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Review by High Court of resolution substituting articles of association.

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Power to amend local statutory provisions.

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Supplemental

General interpretation.

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Information provisions.

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Short title, commencement and extent.

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Table of Derivations

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