UKPGA-1991-58 — Statutory Water Companies Act 1991 (repealed)

preamble

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Part I

Powers of Statutory Water Companies

General powers

s. 1 — General powers of companies holding appointments.

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Powers to issue redeemable stock

s. 2 — Powers to issue redeemable stock.

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s. 3 — Terms and conditions of issue and redemption of redeemable stock.

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Relaxation of restrictions affecting raising of capital

s. 4 — Relaxation of limits on capital, borrowing and dividends.

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s. 5 — Appeals to the court in respect of applications under section 4.

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s. 6 — Relaxation of restrictions on payment of interest.

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s. 7 — Relaxation of restrictions on applications of profits.

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s. 8 — Relaxation of restrictions on mode of sale of shares or stock.

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Arrangements and reconstructions

s. 9 — Arrangements and reconstructions by certain companies.

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Power to appoint officers as directors

s. 10 — Power to appoint officers as directors.

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Part II

Conversion of Statutory Water Companies

s. 11 — Registration of statutory water companies under the Companies Act 2006.

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s. 12 — Adoption of articles of association.

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s. 13 — Review by High Court of resolution substituting articles of association.

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s. 14 — Power to amend local statutory provisions.

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Part III

Supplemental

s. 15 — General interpretation.

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s. 16 — Information provisions.

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s. 17 — Short title, commencement and extent.

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Table of Derivations

Paragraph

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