Amendment of sections 18 and 19 of the Nuclear Installations Act 1965
3Nuclear installations : cover for compensation
In section 18(1) of the Nuclear Installations Act 1965 (availability of public funds to meet claims for compensation not met from other sources), after paragraphs (a) and (b) (which specify the other sources) there shall be inserted—
; and
c
in the case of an occurrence in respect of which the Authority incurs liability, with any amounts payable under a contract of insurance or other arrangements for satisfying claims in respect of that occurrence against the Authority,
4Effect of grant of new nuclear site licence to existing licensee
1
In section 19 of the Nuclear Installations Act 1965 (duty of licensee to provide insurance or other cover)—
a
in subsection (2), for the words from “subject to subsection (2A)” to the end of paragraph (c) there shall be substituted the words “, subject to the following provisions of this section, the period of the licensee’s responsibility;”; and
b
the following subsection shall be inserted after subsection (2A)—
2B
The current cover period continues to run (and no new cover period begins) on the grant of a new nuclear site licence to the same licensee in respect of a site consisting of or including the site in respect of which his existing nuclear site licence is in force.
2
The amendments made by this section shall be deemed always to have had effect.