Statutory Water Companies Act 1991 (repealed)

Part IPart I — Powers of Statutory Water Companies

General powers

General powers of companies holding appointments

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Powers to issue redeemable stock

Powers to issue redeemable stock

2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Terms and conditions of issue and redemption of redeemable stock

3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Relaxation of restrictions affecting raising of capital

Relaxation of limits on capital, borrowing and dividends

4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Appeals to the court in respect of applications under section 4

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Relaxation of restrictions on payment of interest

6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Relaxation of restrictions on applications of profits

7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Relaxation of restrictions on mode of sale of shares or stock

8

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Arrangements and reconstructions

Arrangements and reconstructions by certain companies

9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Power to appoint officers as directors

Power to appoint officers as directors

10

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II — Conversion of Statutory Water Companies

Registration of statutory water companies under the Companies Act 1985

11

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Adoption of memorandum and articles

12

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Review by High Court of resolution substituting memorandum and articles

13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Power to amend local statutory provisions

14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part III — Supplemental

General interpretation

15

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Information provisions

16

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Short title, commencement and extent

17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part I — Powers of Statutory Water Companies

General powers

Powers to issue redeemable stock.

Powers to issue redeemable stock

Relaxation of restrictions affecting raising of capital

Arrangements and reconstructions

Power to appoint officers as directors

Table of Derivations

Editorial notes

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .