There are currently no known outstanding effects for the Nuclear Energy (Financing) Act 2022, Paragraph 1.
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
I1Sch. para. 1 in force at 1.6.2022, see s. 44(2)(d)
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
