Examples of Protected Land in a sentence
The substantial majority of Anglian Water’s assets by value is tangible property which is either Protected Land (as defined in the WIA) and/or are assets which are required for the carrying out of Anglian Water’s Regulated Business and cannot therefore be effectively secured (at least, in the case of Protected Land, without the prior consent of the WSRA).
The substantial majority of Anglian Water’s assets by value is tangible property which is either Protected Land (as defined in the WIA) and/or are assets which are required for the carrying out of Anglian Water’s Regulated Business and cannot therefore be effectively secured (at least, in the case of Protected Land, without the prior consent of Ofwat).
Accordingly, a licence restricts a Regulated Company’s ability to create a charge or mortgage over Protected Land.
For example, the WIA restricts a Regulated Company’s ability to dispose of interests in (or create a charge or mortgage over) Protected Land.
Within the Protected Land, future uses shall be limited to those that preserve the natural environment and are consistent with the goals and operatives of the Protected Land (as permitted in easements or other agreements to which the City is a party or has consented).