Part 5: Final Provisions Section 62: Transitional and saving provision in relation to the Enterprise Act 2002
Section 62 is a transitional provision concerning trigger events which take place after the introduction of this Act but before commencement. It provides for the Secretary of State’s powers of intervention under sections 42, 59 and 67 of the Enterprise Act 2002 to continue to apply to these trigger events after commencement. However, these powers do not continue to apply to a trigger event if any action is taken in relation to it under this Act.