Statutory Water Companies Act 1991 (repealed) (1991 c. 58)

Part I Powers of Statutory Water Companies

General powers

1 General powers of companies holding appointments.

Powers to issue redeemable stock

2 Powers to issue redeemable stock.

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

Relaxation of restrictions affecting raising of capital

4 Relaxation of limits on capital, borrowing and dividends.

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

6 Relaxation of restrictions on payment of interest.

7 Relaxation of restrictions on applications of profits.

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

Arrangements and reconstructions

9 Arrangements and reconstructions by certain companies.

Power to appoint officers as directors

10 Power to appoint officers as directors.

Part II Conversion of Statutory Water Companies

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

12 Adoption of articles of association.

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

14 Power to amend local statutory provisions.

Part III Supplemental

15 General interpretation.

16 Information provisions.

17 Short title, commencement and extent.

Table of Derivations