delete The Electricity (Scottish Nuclear Limited) (Target Investment Limit) Order 1996
Sets the target investment limit for the Government shareholding in Scottish Nuclear Limited to nil per cent of voting rights, as part of the Electricity Act 1989 restructuring. Came into force 14 January 1997.
Obsolete regulation concerning a company that no longer exists. Scottish Nuclear Limited was absorbed into ScottishPower as part of the 1990s electricity privatization and its assets are now owned by Iberdrola. The nil investment target has been achieved, the company has been fully privatized, and this Order serves no ongoing regulatory purpose.