Statutory Instrument 1992 No. 424

The Colne Valley Water Company Plc (Constitution and Regulation) Order 1992

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© Crown Copyright 1992

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1992 No. 424

WATER, ENGLAND AND WALES

The Colne Valley Water Company Plc (Constitution and Regulation) Order 1992

Whereas provision is made for the constitution and regulation of The Colne Valley Water Company Plc ("the Company") in local statutory provisions ("the relevant provisions" which have effect in accordance with paragraph 5 of Schedule 21 to the Companies Act 1985^[1]:

And whereas the Company is a statutory water company which holds an appointment as a water undertaker under Chapter I of Part II of the Water Industry Act 1991^[2]:

And whereas the Company is a registered water company ^[3] and has by a special resolution passed on 9th January 1992 ("the special resolution") proposed that provision contained in a memorandum and articles described in Schedule 1 to this Order ("the memorandum and articles"), copies of which have been certified as such by the Secretary of State, shall have effect in substitiution for the relevant provisions("the proposal"):

And whereas it appears to the Secretary of State that the requirements set out in paragraphs (a) and (b) of section 12(2) of the Statutory Water Companies Act 1991^[4] ("the Act") are satisfied as respects the proposal:

And whereas it appears to the Secretary of State appropriate in consequence of his approval of the proposal by this Order that the local statutory provisions specified in Schedule 2 to this Order be repealed:

Now, therefore, the Secretary of State, in exercise of the powers conferred on him by sections 12(1) and 14 of the Act, hereby makes the following Order:

Citation, commencement and interpretation
    1.—(1)  This Order may be cited as the Colne Valley Water Company Plc (Constitution and Regulation) Order 1992 and shall come into force on 30th March 1992.

    (2)  In this Order—
"the 1845 Act" means the Companies Clauses Consolidation Act 1845^[5]; and
"the 1863 Act" means the Companies Clauses Act 1863 ^[6].

Approval of proposed contained in the special resolution
    2.    The proposal contained in the special resolution is hereby approved.

Date on which memorandum amd articles come into force etc.
    3.    The date specified for the purposes of section 12(1) of the Act as the date on which the memorandum and articles shall come into force and the relevant provisions shall cease to have effect is 30th MArch 1992.

Consequential provision
    4.    The local statutory provisions referred to in Schedule 2 hereto are repealed to the extent indicated in that Schedule with effect from 30th March 1992.

Michael Heseltine

One of Her Majesty's Principal Secretaries of State

2nd March 1992

[1] 1985 c. 6. back

[2] 1991 c. 56. back

[3] See section 15(2) of the Statutory Water Companies Act 1991(c. 58). back

[4] 1991 c. 58. back

[5] 1845 c. 16. back

[6] 1863 c. 118, amended by the Companies Clauses Act 1869 (c. 48). back

Explanatory Note