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Nuclear Energy (Financing) Act 2022

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Changes over time for: Section 1

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1Key definitions for Part 1E+W+S

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(1)This section applies for the purposes of this Part.

(2)Nuclear company” means a company that holds an electricity generation licence in respect of a nuclear energy generation project.

(3)References to a “designated” nuclear company are to a nuclear company in relation to which a designation under section 2(1) has effect.

(4)A nuclear company is a “relevant licensee nuclear company” if—

(a)the company’s electricity generation licence contains modifications made under section 6(1), and

(b)the company is a party to a revenue collection contract.

(5)Electricity generation licence” means a licence under section 6(1)(a) of the Electricity Act 1989.

Commencement Information

I1S. 1 in force at Royal Assent, see s. 44(1)(a)

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