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Electricity Industry (Residual Provisions) Act 1993
124Proceedings
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124 Proceedings
If, immediately before the relevant date, proceedings relating to former ESV property (including arbitration proceedings) to which ESV was a party were pending or existing in any court or tribunal, then, on and after that date, the company transferee is substituted for ESV as a party to the proceedings and has the same rights in the proceedings as ESV had.
S. 124A inserted by No. 110/1994 s. 23.