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Gas Industry Restructuring Act 1986
24Equalisation Account
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24 Equalisation Account
24 Equalisation Account
Of the amount standing to the credit of a gas distributor’s Equalisation Account immediately before the repeal of former section 74:
(a) half is to be credited to the gas distributor’s Gas Customers Reserve Account, and
(b) the other half can be dealt with as the gas distributor sees fit.