SCHEDULES
SCHEDULE 12 Nuclear Liabilities: Financial Assistance
Financial limits
4
(1)
The aggregate of the following, namely—
(a)
grants made or agreed to be made by the Secretary of State under paragraph 1 above;
(b)
any amounts outstanding by way of principal in respect of—
(i)
loans made by the Secretary of State under paragraph 2 above; or
(ii)
sums paid by the Secretary of State in fulfilment of guarantees under paragraph 3 above,
shall not exceed £1,000 million or such greater sum, not exceeding £2,500 million, as the Secretary of State may by order specify.
(2)
No order shall be made under this paragraph unless a draft of the order has been approved by a resolution of the House of Commons.