Consent to Assignment of Licence to Produce Potable Water from Seawater and Distribute by Means of Pipes (5K)
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A Consent to the Assignment of a Licence to Produce
Potable Water from Seawater and
Distribute by Means of Pipes
provided to Consolidated Water Company Ltd.
(formerly Cayman Water Company Limited)
by the Government of the Cayman Islands
10th April, 2003
The Water (Production and Supply) Law
(Law 15 of 1979, 1996 Revision)
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THE GOVERNMENT OF THE CAYMAN ISLANDS
The Water (Production and Supply) Law
(Law No 15 of 1979)
(1996 Revision)
A CONSENT TO THE ASSIGNMENT OF A LICENCE
TO PRODUCE POTABLE WATER FROM SEAWATER
AND DISTRIBUTE BY MEANS OF PIPES
Provided to
CONSOLIDATED WATER CO. LTD.
(formerly CAYMAN WATER COMPANY LIMITED)
10th of April, 2003
Copy 1 of 3 Consolidated Water Co. Ltd.
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CONSENT TO THE TRANSFER OF
A LICENCE TO PRODUCE POTABLE WATER FROM SEAWATER
PROVIDED TO
CONSOLIDATED WATER CO. LTD.
(FORMERLY CAYMAN WATER COMPANY LIMITED)
BY
THE GOVERNMENT OF THE CAYMAN ISLANDS
THE WATER (PRODUCTION AND SUPPLY) LAW (1996 REVISION)
THIS CONSENT is given this 10th day of April, 2003 by the Governor acting
under the powers conferred by Section 3 of the Water (Production and Supply)
Law (1996 Revision) and all other powers thereunto enabling.
WHEREAS:-
1. A concession ("the Licence") was granted by the Governor to Consolidated
Water Co. Ltd. (formerly Cayman Water Company Limited) ("the Company") on
11th July, 1990 authorising it exclusively within the area described in
the Licence to process Seawater to Water for sale and to distribute and sell
Water by means of pipes.
2. By special resolution dated 3rd December, 1998, the Company changed its
name to Consolidated Water Co. Ltd.
3. The Company caused to be incorporated on 4th December, 1998 a wholly-owned
subsidiary under the name of Cayman Water Company Limited ("the Subsidiary")
and in accordance with Clause 7.3 of the Licence has applied to the Governor
for his consent to transfer the Licence to the Subsidiary which the Governor
has agreed to give.
NOW THEREFORE the Governor in accordance with the Licence and all other powers
him enabling consents, subject to the conditions below, to the transfer of the
Licence from the Company to the Subsidiary with effect from the thirtieth day
after the date on which the latter of the following is granted to the Company:
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