Amendment status not verified — confirm the current text below against the official source.
Registered user not to do certain things.—No registered user shall without prior approval of the Commission,- (a) undertake any transaction to acquire by purchase or takeover or otherwise, the utility of any other user; or (b) merge his utility with the utility of any other user; or (c) at any time assign his registration or transfer his utility or any part thereof by sale, lease, exchange or otherwise.