(1) It is a function
of the corporation to —
(a)
dispose of the corporation’s DBNGP system in whole or in part; and
(b) take
steps to bring about that disposal and deal with incidental and related
matters.
(2) The Minister may
give directions in writing to the corporation with respect to the performance
of the function described in subsection (1), and the directions take effect
when given to the corporation.
(3) Without limiting
subsection (2), a direction under that subsection may require the corporation
—
(a) to
allow the whole or part of the function described in subsection (1) to be
performed on its behalf by; and
(b) to
act in accordance with the instructions of,
a committee of persons
appointed by the Minister and given responsibility for the conduct of the
disposal and other matters referred to in subsection (1).
(4) The Minister must
cause the text of any direction under subsection (2) to be laid before each
House of Parliament within 14 days after the direction is given, and
section 96 of the Gas Corporation Act 1994 2 applies as if subsection (1)(a)
of it included a reference to this subsection.
(5) The annual report
in respect of the corporation must include particulars of any direction under
subsection (2) as if section 64(1)(c) of the Gas Corporation Act 1994 2
included a reference to such a direction.