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                                                                    Exhibit 10.1

        Summary of Memorandum of Association and Articles of Association

                              of Scottish Power plc

         The following is a summary of certain provisions of the Memorandum of
Association and the Articles of Association of Scottish Power plc (the
"Company") required by Item 10(B) of Form 20-F under the United States
Securities Exchange Act of 1934.

Memorandum of Association

1)       Objects and Purposes. The Company's objects and purposes under its
Memorandum of Association are set forth in Article 4 and are to carry on the
business of a holding company, to generate, transmit, distribute and supply
electricity as well as any other form of energy, to carry on the business of a
water undertaker, to carry on the business of a sewerage undertaker, to run,
operate, manage, service, repair and deal in telecommunications, to carry on any
other trade or business which is for the benefit of the Company and to do
anything incidental or conducive to these objects anywhere in the world.

Articles of Association

2)       Directors.

(a)      A Director directly or indirectly interested in a proposed contract
with the Company or any subsidiary of the Company shall declare the nature of
his interest. A Director is prohibited from voting where he has any material
interest, unless it relates to his interests in shares, debentures or other
securities in the Company. However, a Director will be able to vote where the
resolution concerns any of the following:

         (i)   giving a guarantee, security or indemnity in respect of
               obligations incurred by him;

         (ii)  giving a guarantee, security or indemnity in respect of an
               obligation incurred by the Company for which he has assumed
               responsibility;

         (iii) a proposal to subscribe for or purchase shares, debentures or
               other securities of the Company following an offer to the public;

         (iv)  an offer for shares, debentures or other securities of the
               Company in which he may be interested as a participant in the
               underwriting;

         (v)   a contract relating to another company in which he does not hold
               an interest of 1% or more of the issued share capital or of the
               voting rights;

         (vi)  a contract for the benefit of employees which awards no extra
               benefit to the Director; and

         (vii) insurance which the Company is empowered to purchase and/or
               maintain for the benefit of the Directors.

(b)      Directors are prevented from voting in respect of contracts or
arrangements in which they have a material interest and as such will not be
counted in any quorum at such a meeting. In the absence of a quorum the
Directors present may only act either to fill vacancies in their number or to
summon general meetings.

(c)      Directors may exercise all borrowing powers of the Company.

(d)      There are no requirements for a Director to retire at a certain age.
The age of a Director who has attained the age of 70 must be stated in the
notice convening the general meeting at which he is proposed to be elected or
re-elected. At the Annual General Meeting every year, one-third of the Directors
subject to retirement by rotation shall retire.

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(e)      There is no share qualification for Directors.

3)       Share rights.

(a)      No dividend is payable except out of Company profits available for
distribution. All dividends are to be apportioned and paid pro rata according to
the amounts paid on the shares. The Company may pay dividends in specie either
on the recommendation of the Directors, by ordinary resolution or by resolution
of the Directors. All moneys that are unclaimed may be invested or put to use by
the Directors for the benefit of the Company until claimed. Any dividend that is
unclaimed for 12 years from the date when it fell due for payment may be
forfeited and shall revert to the Company.

(b)      Every member present in person and entitled to vote on a show of hands
shall have one vote. On a poll, every member present in person and entitled to
vote shall have one vote for every share held.

(c)      Directors are elected for staggered terms.

(d)      A liquidator may, with the authority of an extraordinary resolution,
divide among the members the whole, or any part of, the assets of the Company.

(e)      The Company has no redeemable shares outstanding, but may issue shares
that may be redeemed at the option of the Company or the holder on the terms
provided in those shares.

(f)      The Directors can make calls upon members in respect of moneys unpaid
on their shares.

(g)      The Articles of Association prevent any person, save for certain
exceptions, from directly or indirectly owning or controlling shares giving that
person the right to cast 15% or more of the votes at a general meeting of the
Company. The holder of such shares shall not be entitled to attend or vote at
any general meeting of the Company or exercise any other right in relation to
the meeting until the holder complies with a notice under the Articles of
Association to dispose of a sufficient number of such shares in order to cease
to fall within this provision.

4)       Class Rights. Rights attached to a class of shares may be varied with
the consent, in writing, of not less than 75% of the issued shares of that class
or with the sanction of an extraordinary resolution passed at a separate general
meeting of the holders of that class of shares. The necessary quorum of the
meeting shall be two persons present in person holding at least one-third of the
nominal amount of issued shares of the class.

5)       Shareholder Meetings. Notice of a general meeting shall be given to all
members, each of the Directors and the auditors. At least twenty-one clear days'
notice in writing is to be given for an Annual General Meeting or an
Extraordinary General Meeting at which a special resolution is proposed, or a
resolution is proposed of which special notice has been given to the Company.
For any other Extraordinary General Meeting, at least fourteen clear days'
notice in writing must be given. A meeting shall be deemed to be duly called if
it is agreed by all members entitled to attend and vote, in the case of an
Annual General Meeting, and by a majority of members holding not less than 95%
of the nominal value of shares giving the right to vote in the case of an
Extraordinary General Meeting. A quorum of three persons entitled to vote on the
business to be transacted must be present at the time of the meeting and
throughout. As to admission, the Directors may make such arrangements as are
necessary for the security of the meeting. They are entitled to refuse entry to
any person not complying with such arrangements, requirements or restrictions.

6)       Limitations on Shareholdings. The Articles of Association place a limit
on the rights to own securities. No person, unless permitted under Article 51 of
the Articles of Association, may directly or indirectly own or control shares
giving the right to cast 15% or more of the votes at a General Meeting of the
Company. The holder of such shares shall not be entitled to attend or vote at
any

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General Meeting of the Company or exercise any other right in relation to the
meeting until the holder complies with a notice under Article 51 of the Articles
of Association to dispose of a sufficient number of such shares in order to
cease to fall within this provision. There are no limitations relating to
non-resident or foreign shareholders.

7)       Purchase of own shares. The Company is permitted to purchase its own
shares but only where this action has been sanctioned by an extraordinary
resolution.

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