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Ofwat protects customers in Anglian Water restructuring.
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M2 Presswire
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July 24, 2002
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Copyright informationCOPYRIGHT 2002 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-24 July 2002-UK Government: Ofwat protects customers in Anglian Water restructuring (C)1994-2002 M2 COMMUNICATIONS LTD
RDATE:07242002
Ofwat has modified certain conditions of the licence held by Anglian Water Services, following its financial restructuring by its holding company AWG plc.
Anglian Water agreed to these licence changes proposed by Ofwat, following consultation carried out in January.
The licence modifications ensure that Anglian Water will:
* retain control over its statutory functions when services are provided by third parties;
* maintain an effective ring-fence around the regulated business;
* follow ...
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