Source: http://www.legislation.gov.uk/ukpga/1989/29/section/79
Timestamp: 2013-05-22 14:53:08
Document Index: 174905674

Matched Legal Cases: ['art. 3', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 16', 'art. 16', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 3', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 4', 'art. 2', 'art. 2', 'art. 2', 'art. 2']

Finances of successor companiesSection 79Table of ContentsContentMore ResourcesPrevious: ProvisionNext: ProvisionPlain ViewPrint Options
What VersionLatest available (Revised)Original (As enacted)Advanced FeaturesShow Geographical Extent(e.g. England, Wales, Scotland, Northern Ireland)Show Timeline of Changes Opening OptionsOpen whole ActOpen Act without schedulesOpen Schedules onlyChanges to legislation:There are outstanding changes not yet made by the legislation.gov.uk editorial team to Electricity Act 1989. Any changes that have already been made by the team appear in the content and are referenced with annotations.Changes to LegislationRevised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.Changes and effects yet to be applied to the whole Act, associated Parts and Chapters:Changes and effectsThis section lists the changes and effects yet to be applied to the whole Act, associated Parts and Chapters where applicable. This includes any insertions of whole new Parts, Chapters or provisions yet to be inserted into this Act. These effects are included in this view as they may be (but won’t necessarily be) relevant to the specific provision that you are viewing.Act power to modify conferred by 2003 c. 9 s. 2(3)Act transfer of functions by 2007 c. 17 s. 30(3)(a)Blanket amendment words substituted by S.I. 2011/1043 art. 3 6Whole provisions yet to be inserted into this Act (including any effects on those provisions):s. 3E inserted by S.I. 2011/2704 reg. 33s. 3F inserted by S.I. 2011/2704 reg. 35s. 5A 5B inserted by S.I. 2011/2704 reg. 21(2)s. 6C inserted by 2004 c. 20 s. 92s. 6D 6E inserted by 2008 c. 32 s. 44(2)s. 10A-10O and cross-heading inserted by S.I. 2011/2704 reg. 5s. 11B inserted by S.I. 2011/2704 reg. 43(7)s. 11C-11H and cross-heading inserted by S.I. 2011/2704 reg. 43(8)s. 32-32M substituted for s.32-32C by 2008 c. 32 s. 37s. 32F(2) text amended by S.I. 2009/556 art. 2(2)s. 32I text amended by S.I. 2009/556 art. 2(3)s. 32K text amended by S.I. 2009/556 art. 2(4)s. 32M(1) text amended by S.I. 2011/984 art. 2s. 32BA inserted by 2004 c. 20 s. 117(1)s. 32BA transfer of functions by S.I. 2005/849 Sch.s. 36A 36B inserted by 2004 c. 20 s. 99(1)s. 36A transfer of functions by 2009 c. 23 s. 12s. 36A(1A) inserted by 2009 c. 23 s. 12(7)(b)(8)s. 36A(4)-(6) applied by 2004 c. 20 s. 100(5)s. 36B transfer of functions by 2009 c. 23 s. 12s. 36B(1A) inserted by 2009 c. 23 s. 12(7)(b)(8)s. 42AB inserted by 2007 c. 17 Sch. 5 para. 2(3)s. 44B-44D inserted by S.I. 2009/1349 reg. 3s. 44B cross-heading words substituted by S.I. 2011/2704 reg. 29(2)(a)s. 44B title words substituted by S.I. 2011/2704 reg. 29(2)(b)s. 44B(1)(1A) substituted for s. 44B(1) by S.I. 2011/2704 reg. 29(3)(a)s. 44B(2) words substituted by S.I. 2011/2704 reg. 29(3)(b)(i)s. 44B(2)(a)(i) words substituted by S.I. 2011/2704 reg. 29(3)(b)(ii)s. 44B(3) substituted by S.I. 2011/2704 reg. 29(3)(c)s. 44C(1) words substituted by S.I. 2011/2704 reg. 29(4)(a)s. 44C(2) words substituted by S.I. 2011/2704 reg. 29(4)(a)s. 44C(3) words substituted by S.I. 2011/2704 reg. 29(4)(a)s. 44C(8) substituted by S.I. 2011/2704 reg. 29(4)(b)s. 44D(1) words substituted by S.I. 2011/2704 reg. 29(5)(a)s. 44D(2) words omitted by S.I. 2011/2704 reg. 29(5)(b)s. 44D(4) omitted by S.I. 2011/2704 reg. 29(5)(c)s. 44D(5) omitted by S.I. 2011/2704 reg. 29(5)(c)s. 44D(6)(a) words substituted by S.I. 2011/2704 reg. 29(5)(a)s. 47A inserted by S.I. 2011/2704 reg. 31(3)s. 47ZA inserted by 2011 c. 16 s. 79s. 56FA-56FC inserted by 2008 c. 32 Sch. 4 para. 2s. 56FB(2) words substituted by 2011 c. 16 s. 73(7)s. 108A inserted by 2004 c. 20 s. 102(5)Sch. 2A inserted by 2008 c. 32 s. 44(4) Sch. 2Sch. 2A para. 5(5) words substituted by 2011 c. 16 s. 104(3)Sch. 2ZA 2ZB inserted by S.I. 2011/2704 reg. 21(3) Sch. 2Sch. 5A inserted by S.I. 2011/2704 reg. 43(9) Sch. 6Sch. 6A inserted by S.I. 2011/2704 reg. 39(5) Sch. 4Sch. 6A para. 9A inserted by S.I. 2012/2400 art. 16(3)Sch. 6A para. 1 words inserted by S.I. 2012/2400 art. 16(2)Commencement Orders yet to be applied to the Electricity Act 1989:Commencement OrdersThis section lists the commencement orders yet to be applied to the whole Act. These effects are included in this view as they may be (but won’t necessarily be) relevant to the specific provision that you are viewing. Where applicable the commencement orders are listed under two headings, firstly those that bring some part of the Act you are viewing into force and secondly, those that bring into force legislation that affects some part of the legislation you are viewing. If you are viewing a prospective version or there is a prospective version available there may be commencement orders listed here that are relevant to the provision you are viewing.Commencement Orders bringing legislation that affects this Act into force:S.I. 2003/766 art. 2 Sch. commences (2002 c. 40)S.I. 2003/1397 art. 2(1) Sch. commences (2002 c. 40)S.I. 2003/1900 art. 2(1) Sch. 1 art. 2(2) Sch. 2 commences (2003 c. 21)S.I. 2003/2093 art. 2(1) Sch. 1 art. 2(2) Sch. 2 commences (2002 c. 40)S.I. 2003/3142 art. 3(1) Sch. 1 commences (2003 c. 21)S.I. 2004/2184 art. 2 commences (2004 c. 20)S.I. 2004/2575 art. 2 Sch. 1 2 commences (2004 c. 20)S.I. 2004/3281 art. 2(2)(e) commences (2004 c. 36)S.I. 2005/442 art. 2 commences (2004 c. 20)S.I. 2005/877 art. 2 commences (2004 c. 20)S.I. 2005/2040 art. 2-4 commences (2004 c. 36)S.I. 2005/2965 art. 2-4 commences (2004 c. 20)S.I. 2006/1060 art. 2 commences (2004 c. 34)S.I. 2006/1535 art. 2 commences (2004 c. 34)S.I. 2006/1964 art. 2 commences (2004 c. 20)S.I. 2006/2541 art. 2 commences (2006 c. 16)S.I. 2007/538 art. 2 commences (2006 c. 19)S.I. 2007/1091 art. 2 commences (2004 c. 20)S.I. 2007/2709 art. 2-6 commences (2007 c. 15)S.I. 2008/2550 art. 2 Sch. commences (2007 c. 17)S.I. 2009/45 art. 2-4 Commencement OrderS.I. 2009/1269 art. 2 3 commences (2004 c. 20)S.I. 2009/1270 art. 2 commences (2008 c. 32)S.I. 2010/101 art. 2-5 commences (2008 c. 29)S.I. 2010/298 art. 2 Sch. commences (2009 c. 23)S.I. 2010/1888 art. 2 commences (2008 c. 32)S.I. 2010/1889 art. 2 commences (2004 c. 20)S.I. 2010/2169 art. 4 Sch. commences (2010 c. 29)S.I. 2012/1841 art. 2(a) art. 2(b) commences (2010 c. 27)S.S.I. 2003/219 art. 2 commences (2003 asp 4)S.S.I. 2010/401 art. 2-4 commences (2009 asp 6)79 Treasury guarentees for loans made to the companies.E+W+S(1)Subject to section 81 below, the Treasury may guarantee, in such manner and on such terms as they may think fit, the repayment of the principal of, the payment of interest on, and the discharge of any other financial obligation in connection with, any sums which are borrowed from a person other than the Secretary of State by any successor company which is for the time being wholly owned by the Crown.
(4)If any sums are issued in fulfilment of a guarantee given under this section the company whose obligations are so fulfilled shall make to the Treasury, at such times and in such manner as the Treasury may from time to time direct—