Nuclear Energy (Financing) Act 2022

Section 42

SCHEDULE E+W+S Minor and consequential provision

Electricity Act 1989 E+W+S

1 (1) The Electricity Act 1989 is amended as follows.

(2) In section 3A (principal objective and general duties of the Secretary of State and the Authority), in subsection (2)(b), for “or Part 2 of the Energy Act 2013” substitute “, Part 2 of the Energy Act 2013 or the Nuclear Energy (Financing) Act 2022”.

(3) In section 6 (licences authorising supply, etc)—

(a) after subsection (6C) insert—

“(6D) The Authority may, with the consent of a relevant licensee nuclear company (within the meaning of Part 1 of the Nuclear Energy (Financing) Act 2022 (nuclear energy generation projects: regulated asset base model)), modify terms included in the company’s generation licence.”;

(b) in subsection (7), for “or (6B)” substitute “, (6B) or (6D)”.

Commencement Information

I1 Sch. para. 1 in force at 1.6.2022, see s. 44(2)(d)

Utilities Act 2000 E+W+S

2 (1) The Utilities Act 2000 is amended as follows.

(2) In section 33 (standard conditions of electricity licences), in subsection (1)—

(a) omit the “or” after paragraph (g), and

(b) for the paragraphs after paragraph (g) substitute—

“(h) under section 6 of the Smart Meters Act 2018,

(i) under section 1 or 10 of the Domestic Gas and Electricity (Tariff Cap) Act 2018, or

(j) under the Nuclear Energy (Financing) Act 2022.”

(3) In section 105 (general restrictions on disclosure of information)—

(a) in subsection (1), after “2018” insert “or the Nuclear Energy (Financing) Act 2022”;

(b) in subsection (3), after paragraph (azb) insert—

“(azc) it is made for the purpose of facilitating the performance of any functions of the Authority under or by virtue of the Nuclear Energy (Financing) Act 2022;”.

Commencement Information

I2 Sch. para. 2 in force at 1.6.2022, see s. 44(2)(d)

Energy Act 2004 E+W+S

3 In section 137 of the Energy Act 2004 (new standard conditions for transmission licences), in subsection (3)—

(a) omit the “or” after paragraph (e), and

(b) after paragraph (f) insert “or

(g) under the Nuclear Energy (Financing) Act 2022,”.

Commencement Information

I3 Sch. para. 3 in force at 1.6.2022, see s. 44(2)(d)

Consequential repeals E+W+S

4 The following provisions are repealed—

(a) section 6(10)(b) of the Smart Meters Act 2018;

(b) section 11(2) of the Domestic Gas and Electricity (Tariff Cap) Act 2018.

Commencement Information

I4 Sch. para. 4 in force at 1.6.2022, see s. 44(2)(d)