Point in time view as at 05/10/2004.
Energy Act 2004, Paragraph 7 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
7(1)A direction under paragraph 5 or 6 may require the UKAEA to make such supplemental, consequential and transitional provision modifying a UKAEA pension scheme as the Secretary of State considers appropriate.U.K.
(2)Before giving a direction under paragraph 5 or 6, the Secretary of State must consult—
(a)the UKAEA;
(b)the Treasury; and
(c)such persons as appear to him to represent the employees, or directors or other officers, likely to be affected by the direction.
(3)The power to give a direction under paragraph 5 affecting persons who become employees, or directors or other officers, of a publicly controlled company is not exercisable after the company has ceased to be a publicly controlled company.
(4)The provisions of paragraphs 5 and 6—
(a)are in addition to the powers of the Secretary of State to give directions to the UKAEA under paragraph 13 of this Schedule, paragraph 7 of Schedule 10 to this Act or section 3 of the Atomic Energy Authority Act 1954 (c. 32); and
(b)are to be disregarded in construing those powers.
Commencement Information
I1Sch. 8 para. 7 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
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