Section 99: Licensee not to do certain things.

The Jammu and Kashmir Water Resources (Regulation and Management) Act, 2010Union territory Act of Jammu and Kashmir · Act 21 of 2010

(1) No licensee shall, without prior approval of licensing authority :––

(a) undertake any transaction to acquire by purchase or takeover or otherwise, the utility of any other licensee or ;

(b) merge his utility with the utility of any other licensee.

(2) No licensee shall at any time assign his licence or transfer his utility, or any part thereof, by sale, lease, exchange or otherwise without the prior approval of the licensing authority.

(3) Before permitting any licensee to undertake any transaction or merge his utility under sub-section (1), or assigning his licence or transferring his utility under sub-section (2), the licensing authority, in case it is not the Government, shall seek the approval of the Authority.

Where this provision sits

Act	The Jammu and Kashmir Water Resources (Regulation and Management) Act, 2010
Section	99
Marginal note	Licensee not to do certain things.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

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