F1 SCHEDULES
SCHEDULE 12 Nuclear Liabilities: Financial Assistance
Grants by Secretary of State
1
1
F2... , the Secretary of State may, with the approval of the Treasury, make grants of such amounts as he thinks fit F3for the purpose of meeting qualifying expenditure, that is to say, expenditure incurred or to be incurred by any person F4(whether or not the same person as the person to whom the grant is made) in connection with—
a
the storage or reprocessing of nuclear fuel;
b
the treatment, storage or disposal of radioactive waste;
F5ba
the cleaning-up of a principal nuclear site; or
c
the decommissioning of a nuclear installation.
2
F2... , the Secretary of State may, with the approval of the Treasury, enter into an agreement with any person under which the Secretary of State undertakes that, if such conditions as may be specified in the agreement are satisfied, he will exercise the power conferred by this paragraph in such manner and to such extent as may be specified in the agreement.
3
A grant under this paragraph may be made at such times, in such manner and subject to such conditions as the Secretary of State with the approval of the Treasury may determine.
4
Any sums required by the Secretary of State for making grants under this paragraph shall be paid out of money provided by Parliament.
F65
In this paragraph “cleaning-up”, “decommissioning”, “nuclear installation” and “principal nuclear site” have the same meanings as in Chapter 1 of Part 1 of the Energy Act 2004.