Gas and Electricity Act 1968
The Gas and Electricity Act 1968 (c. 39) is an act of the Parliament of the United Kingdom which extended the powers of the Gas Council, the area gas boards and the Electricity Council to borrow money, including foreign currency, to meet their obligations; it permitted statutory gas and electricity bodies to render technical aid overseas; and allowed further member appointments to the Electricity Council. The Act was principally in response to a rapid growth of the gas industry following the discovery of North Sea gas on the UK Continental Shelf in 1965.
| Act of Parliament | |
Parliament of the United Kingdom | |
| Long title | An Act to increase the statutory limits on the amounts outstanding in respect to borrowings by the Gas Council and Area Gas Boards; to provide for the borrowing by the Electricity Council, the Scottish Electricity Boards and the Gas Council of money in foreign currency; to enable the said Councils and Boards and other electricity authorities to furnish overseas aid; to increase the number of members of the Gas Council; and for connected purposes. |
|---|---|
| Citation | 1968 c. 39 |
| Introduced by | R. J. Gunter, Minister of Power, 22 May 1968 (Second Reading) (Commons) |
| Territorial extent | Great Britain |
| Dates | |
| Royal assent | 3 July 1968 |
| Other legislation | |
| Amends | |
Status: Repealed | |
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