Power of Board to close down generating stations

Power of Board to close down generating stations.-The Board may at any time declare to a licensee owning a generating station situate within an area for which a scheme is in force that the station shall be permanently closed down, and thereupon but without prejudice to the provisions of section 42 where the station is a controlled station, the provisions of part III of the First Schedule, or in other cases the provisions of the Third Schedule, shall apply in respect of the relations between the Board and the licensee with reference to the station to be closed down.