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Nuclear Energy (Financing) Act 2022

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  1. Introductory Text

  2. PART 1 Nuclear energy generation projects: regulated asset base model

    1. Introductory

      1. 1.Key definitions for Part 1

    2. Designation of nuclear company

      1. 2.Designation of nuclear company

      2. 3.Designation: procedure

      3. 4.Expiry of designation

      4. 5.Revocation or lapse of designation

    3. Licence modifications

      1. 6.Licence modifications: designated nuclear companies

      2. 7.Licence modifications: relevant licensee nuclear companies

      3. 8.Procedure etc relating to modifications under section 6 or 7

      4. 9.Expiry of modifications made under section 6

      5. 10.Decisions relating to allowed revenue of relevant licensee nuclear company: appeals to CMA

    4. Information

      1. 11.Provision of information to the Secretary of State

      2. 12.Provision of information to or by the Authority

    5. Other

      1. 13.Sensitive material

      2. 14.Interpretation of Part 1

  3. PART 2 Revenue collection contracts

    1. Revenue collection contracts

      1. 15.Regulations about revenue collection contracts

      2. 16.Designation of a revenue collection counterparty

      3. 17.Duties of a revenue collection counterparty

      4. 18.Direction to offer to contract

    2. Payment and other obligations relating to revenue collection contracts

      1. 19.Supplier obligation

      2. 20.Payments to electricity suppliers

      3. 21.Application of sums held by a revenue collection counterparty

      4. 22.Enforcement

    3. Information and advice

      1. 23.Information and advice

      2. 24.Functions of the Authority

    4. Consultation

      1. 25.Consultation

    5. Transfer schemes

      1. 26.Revenue collection counterparties: transfer schemes

      2. 27.Modification of transfer schemes

    6. Miscellaneous and interpretation

      1. 28.Shadow directors, etc

      2. 29.Licence modifications

      3. 30.Interpretation of Part 2

  4. PART 3 Special administration regime

    1. Relevant licensee nuclear company administration orders

      1. 31.Relevant licensee nuclear company administration orders

      2. 32.Objective of a relevant licensee nuclear company administration

    2. Application and amendment of the Energy Act 2004

      1. 33.Application of certain provisions of the Energy Act 2004

      2. 34.Conduct of administration, transfer schemes, etc

    3. Licence modifications

      1. 35.Licence modifications: relevant licensee nuclear company administration

      2. 36.Procedure etc relating to modifications under section 35

    4. Powers to modify enactments

      1. 37.Modification under the Enterprise Act 2002

      2. 38.Power to make further modifications of insolvency legislation

    5. Interpretation

      1. 39.Interpretation of Part 3

  5. PART 4 Miscellaneous and final provisions

    1. 40.Decommissioning of nuclear sites: bodies corporate not “associated”

    2. 41.Financial provision

    3. 42.Minor and consequential provision

    4. 43.Extent

    5. 44.Commencement

    6. 45.Short title

    1. SCHEDULE

      Minor and consequential provision

      1. 1.Electricity Act 1989

      2. 2.Utilities Act 2000

      3. 3.Energy Act 2004

      4. 4.Consequential repeals

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