Section Text
1) The licensee shall not, at any time without the previous consent in writing of the 42[State Government], acquire, by purchase or otherwise, the licence or the undertaking of, or associate himself so far as the business of supplying energy is concerned with any person supplying, or intending to supply, energy under any other licence, and, before applying for such consent, the licensee shall give not less than one month's43[notice of the application-
(a) to the State Electricity Board; and (b) to every local authority both in the licensee's area of supply and also in the area in which such other person supplies, or intends to supply, energy]:
Provided that nothing in this sub-section shall be construed to require the consent of the 42 [State Government] for the supply of energy by one licensee to another in accordance with the provisions of Cl. IX of the Schedule.
(2) The licensee shall not at any time assign his licence or transfer his undertaking, or any part thereof, by sale, mortgage, lease, exchange or otherwise without the previous consent in writing of the 42[State Government].
(3) Any agreement relating to any transaction of the nature described in sub-section (1) or sub-section (2), unless made with, or subject to, such consent as aforesaid, shall be void.