Clause 42 - Objectives and duties under WIA
Water Bill [Lords]
7:15 pm
Mr David Amess (Southend West, Conservative)
With this it will be convenient to discuss amendment No. 93, in
clause 42, page 46, line 10, at end insert—
'(2F) In performing the duty under subsection (2A)(c) above, the Secretary of State or, as the case may be, the Authority shall—
(a) have regard to the arrangements entered into under section 55 of the Water Act 2000;
(b) have regard to the longterm interests of consumers;
(c) ensure that appointed companies are able to fund on reasonable terms all required investment programmes and the longterm maintenance of their assets;
(d) apply to all appointed companies all determinations and conclusions of the Competition Commission (including all methodologies adopted by the Commission) which relate to any such company.'.