Nuclear Energy (Financing) Act 2022

Other

13 Sensitive material

(1) The Secretary of State may exclude material to which subsection (2) applies from—

(a) draft reasons consulted on under section 3(2)(b) (including as applied by section 5(2)), or

(b) anything required to be published under this Part.

(2) This subsection applies to material the disclosure or publication of which the Secretary of State considers—

(a) would be likely to prejudice the commercial interests of any person, or

(b) would be contrary to the interests of national security.

14 Interpretation of Part 1

(1) In this Part—

• “allowed revenue” has the meaning given by section 6(5)(a);

• “the Authority” means the Gas and Electricity Markets Authority;

• “the CMA” means the Competition and Markets Authority;

• “company” means a company registered under the Companies Act 2006 in England and Wales or Scotland;

• “the data protection legislation” has the same meaning as in the Data Protection Act 2018 (see section 3 of that Act);

• “designated”, in relation to a nuclear company, has the meaning given by section 1(3);

• “designation notice” has the meaning given by section 2(4);

• “electricity generation licence” has the meaning given by section 1(5);

• “functions” includes powers and duties;

• “nuclear company” has the meaning given by section 1(2);

• “the nuclear project”, in relation to a nuclear company, has the meaning given by section 2(1);

• “relevant licensee nuclear company” has the meaning given by section 1(4);

• “revenue collection contract” and “revenue collection counterparty” have the same meaning as in Part 2 (see sections 15 and 16).

(2) References in this Part to the site for a nuclear energy generation project include references to the intended site for the project.