The Water Industry (Special Administration) Regulations 2024
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
35 Vacation of office: charges and liabilities
Paragraph 99 has effect as if— (a) in sub-paragraph (4), for the words from “A sum payable” to “before cessation” there were substituted “A sum falling within sub-paragraph (4A)”; (b) after sub-paragraph (4) there were inserted— (4A) A sum falls within this paragraph if it is— (a) a sum payable in respect of a debt or liability arising out of a contract that was entered into before cessation by the former special administrator or a predecessor, (b) a sum that must be repaid by the company in respect of a grant that was made before cessation under section 153 of the 1991 Act as is mentioned in subsection (3) of that section, (c) a sum— (i) that must be repaid by the company in respect of a loan made before cessation under that section, or (ii) that must be paid by the company in respect of interest payable on such a loan, (d) a sum payable in respect of an indemnity given by the Secretary of State under section 153 of the 1991 Act, or (e) a sum payable by the company under section 154(5) of the 1991 Act in respect of a guarantee given before cessation. ; and (c) in sub-paragraph (5), for “Sub-paragraph (4)” there were substituted “Sub-paragraph (4A)(a)”.
35 Vacation of office: charges and liabilities
Paragraph 99 has effect as if— (a) in sub-paragraph (4), for the words from “A sum payable” to “before cessation” there were substituted “A sum falling within sub-paragraph (4A)”; (b) after sub-paragraph (4) there were inserted— (4A) A sum falls within this paragraph if it is— (a) a sum payable in respect of a debt or liability arising out of a contract that was entered into before cessation by the former special administrator or a predecessor, (b) a sum that must be repaid by the company in respect of a grant that was made before cessation under section 153 of the 1991 Act as is mentioned in subsection (3) of that section, (c) a sum— (i) that must be repaid by the company in respect of a loan made before cessation under that section, or (ii) that must be paid by the company in respect of interest payable on such a loan, (d) a sum payable in respect of an indemnity given by the Secretary of State under section 153 of the 1991 Act, or (e) a sum payable by the company under section 154(5) of the 1991 Act in respect of a guarantee given before cessation. ; and (c) in sub-paragraph (5), for “Sub-paragraph (4)” there were substituted “Sub-paragraph (4A)(a)”.
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