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BGÉ and Gaslink to prepare network transfer plan
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13. (1) As soon as practicable after the registration of the network company under the Companies Acts, BGÉ and Gaslink shall prepare and submit to the Minister for approval one, or more than one, plan (in this Act referred to as a “network transfer plan”) for the transfer to the network company of such—
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(a) assets, licences, rights and liabilities, and
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(b) staff,
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of BGÉ, and of Gaslink, as appear to BGÉ or Gaslink to be necessary for, or ancillary to, the ownership and operation by the network company of the transmission system and the distribution system.
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(2) BGÉ and Gaslink shall specify in the network transfer plan the items referred to in subsection (1) that are to be transferred by reference to—
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(a) individual assets, licences, rights and liabilities or staff,
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(b) all or any of the assets, licences, rights and liabilities and staff (whether or not subject to exceptions) relating to a specified function, business activity, division or part of BGÉ or Gaslink, or
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(c) a combination of the matters referred to in both of the foregoing paragraphs.
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(3) A network transfer plan may provide for such supplemental, incidental and consequential matters as are necessary for, or ancillary to, the transfer to the network company of the matters mentioned in paragraphs (a) and (b) of subsection (1) (including the order in which any transfers are to be regarded as taking effect).
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