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Atomic Energy Authority Act 1995

1995 CHAPTER 37

An Act to make provision for the transfer of property, rights and liabilities of the United Kingdom Atomic Energy Authority to other persons; and for connected purposes.

[8th November 1995]

Be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

Commencement Information

I1Act wholly in force at Royal Assent

Transfer of property, rights and liabilities of the AuthorityU.K.

F11 Atomic Energy Authority to make schemes for transfer of property, rights and liabilities if so directed.U.K.

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F12 Powers of Secretary of State.U.K.

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F13 Supplementary provisions as to the Authority’s powers.U.K.

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F14 Agreements with respect to transfer schemes.U.K.

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F15 Duty of Authority to assist Secretary of State in connection with transfer schemes.U.K.

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Successor companiesU.K.

F16 Successor companies.U.K.

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F17 Disposal by Authority or Secretary of State of shares in successor companies.U.K.

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Financial arrangements relating to transfersU.K.

F18 Taxation provisions.U.K.

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F19 Pensions.U.K.

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Extinguishment of certain liabilitiesU.K.

F110 Extinguishment of certain liabilities.U.K.

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Membership of the AuthorityU.K.

11 Membership of the Authority.U.K.

(1)Section 1 of the M1Atomic Energy Authority Act 1954 shall be amended as follows.

(2)In subsection (2) (which provides that the Authority shall consist of a chairman and not less than seven nor more than fifteen other members) for “seven” there shall be substituted “ four ”.

(3)In subsection (3) (which provides that all the members are to be appointed by the Secretary of State and that certain of them are to have certain experience) the words from “and of those members” to the end shall be omitted.

Marginal Citations

Supplementary provisionsU.K.

F212 Expenses.U.K.

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F313 Interpretation.U.K.

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14 Short title and extent.U.K.

(1)This Act may be cited as the Atomic Energy Authority Act 1995.

(2)This Act extends to Northern Ireland.

SCHEDULES

Section 1(5).

F4SCHEDULE 1U.K. Transfer schemes: supplementary provisions

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Textual Amendments

Section 6.

F4SCHEDULE 2U.K. Successor companies

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Section 8.

F4SCHEDULE 3U.K. Taxation provisions

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Section 9.

F4SCHEDULE 4U.K. Pensions

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