Section 98: Consequential and transitional provisions

(1) Consequential and transitional provisions
Cap. 106 LFN 1990
Cap. 256 LFN 1990
Any regulations, by-laws or notices which, immediately before the initial transfer date, were in force under the Electricity Act or the National Electric Power Authority Act shall continue in force, mutatis mutandis, as if they had been made by the Commission under this Act, and may be amended or repealed upon the issuance of regulations by the Commission in accordance with the provisions of this Act.
(2) Any licence, certificate, authority or permit which was issued in terms of the Acts referred to in subsection (1) of this section and which had effect immediately before the initial transfer date shall continue to have effect, mutatis mutandis, for the remainder of its period of validity as if it had been issued under the appropriate provision of this Act.
(3) Any tariff, price, levy or surcharge which, immediately before the initial transfer date, was chargeable within any area in respect of the provision of electricity to consumers or to any particular consumer or any undertaker shall, on and after the initial transfer date and until alternative provision is made pursuant to this Act, continue to be chargeable in respect of the provision of electricity, to those or similar consumers by a licensee who provides electricity within the area concerned.
(4) Subject to this Act, any right in or over land or water which, immediately before the initial transfer date, vested in any person pursuant to the Electricity Act or the National Electric Power Authority Act shall, on and after the initial transfer date, continue to vest in the initial holding company concerned as if it had been acquired in terms of this Act.
(5) Subject to this Act, any permission granted, direction given or other thing whatsoever made, done or commenced which, immediately before the initial transfer date, had or was capable of acquiring force and effect pursuant to the Electricity Act or the National Electric Power Authority Act, shall, on and after the initial transfer date, continue to have, or, as the case may be, to be capable of acquiring, force and effect as it had been granted, given, made, done or commenced, as the case may be, pursuant to the equivalent provision of this Act.
(6) The provisions of the Utilities Charges Commission Act 1992, as amended, shall not apply to any person to whom a licence has been issued under this Act, in respect of the licensed activities of that person.