Thames Water (Public Benefit Corporation) Bill

Official Summary

A Bill to establish a new model of company structure for Thames Water, to be called a public benefit corporation; to require that public benefit corporation to consider public policy benefits, including reducing leaks and sewage dumping, as well as returns for shareholders; to limit the payment of dividends until a plan is in place to cut the corporation’s debt; and to require membership of the corporation’s board to include representatives of local environment groups.

Bill text not available. The bill text is usually published once the bill reaches the committee stage.

DISCLAIMER: AI technology is not 100% accurate and summaries may contain errors, use at your own risk. Munro Research holds the copyright for all summaries found this website. Reproduction for non-commercial purposes is permitted but must be displayed alongside a link to this website. Contact info@munro-research to license commercially.