F1 SCHEDULES

F2SCHEDULE 2AProperty Schemes

Annotations:
Amendments (Textual)
F2

Sch. 2A inserted (20.5.2009) by Energy Act 2008 (c. 32), ss. 44(4), 110(2), Sch. 2; S.I. 2009/1270, art. 2

Review of determinations

26

1

This paragraph applies where—

a

the Competition Appeal Tribunal makes an order under paragraph 23(4)(b),

b

the Authority has made a property scheme in relation to the property, rights or liabilities concerned, and

c

the scheme has come into operation.

2

The Tribunal may include in the order such provision as it thinks fit for the purpose of doing justice between—

a

the successful bidder,

b

the person who was the asset owner immediately before the scheme came into operation, and

c

any third party affected by the scheme,

in the light of its determination.

3

Without prejudice to the generality of sub-paragraph (2), the Tribunal may include in the order—

a

provision for the transfer of anything transferred by the scheme;

b

provision for the surrender or extinction of rights;

c

provision for the payment of compensation to the successful bidder or the person who was the asset owner immediately before the scheme came into operation;

d

provision for the payment of compensation to a third party affected by the scheme;

e

provision about the payment of costs of the kind mentioned in paragraph 14(6).

4

Any sums received by the Authority by virtue of sub-paragraph (3)(e) are to be paid into the Consolidated Fund.