Gas Act 1986
The Gas Act 1986 (c. 44) created the framework for privatisation of the gas supply industry in Great Britain. This legislation would be replacing the British Gas Corporation (government or state ownership) with British Gas plc (private ownership). The Act also established a licensing regime, a Gas Consumers’ Council, and a regulator for the industry called the Office of Gas Supply (OFGAS).
| Act of Parliament | |
Parliament of the United Kingdom | |
| Long title | An Act to provide for the appointment and functions of a Director General of Gas Supply and the establishment and functions of a Gas Consumers' Council; to abolish the privilege conferred on the British Gas Corporation by section 29 of the Gas Act 1972; to make new provision concerning the supply of gas through pipes and certain related matters; to provide for the vesting of the property, rights and liabilities of the British Gas Corporation in a company nominated by the Secretary of State and the subsequent dissolution of that Corporation; to make provisions with respect to, and to information furnished in connection with, agreements relating to the initial supply of gas won under the authority of a petroleum production license; and for connected purposes. |
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| Citation | 1986 c. 44 |
| Territorial extent | Great Britain |
| Dates | |
| Royal assent | 25 July 1986 |
| Other legislation | |
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Status: Partially repealed | |
| Text of the Gas Act 1986 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk. | |
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