Gas Regulation Act 2013

Memorandum and articles of association of network company

6. (1) The memorandum of association of the network company shall be in such form consistent with this Act as may be approved by the Minister with the consent of the Minister for Public Expenditure and Reform and shall not be inconsistent with the Natural Gas Directive.

(2) The principal objects of the network company stated in the memorandum of association shall include the ownership and operation of the transmission system and the distribution system in a manner consistent with the Natural Gas Directive and this Act.

(3) The articles of association of the network company shall be in such form consistent with this Act as may be approved by the Minister with the consent of the Minister for Public Expenditure and Reform and shall not be inconsistent with the Natural Gas Directive.

(4) Notwithstanding anything contained in the Companies Acts, no alteration of the memorandum of association or the articles of association of the network company shall be valid or effectual unless made with the prior approval of the Minister given with the consent of the Minister for Public Expenditure and Reform.