Part 1The Civil Nuclear Industry

Chapter 5Miscellaneous provisions relating to nuclear industry

I179Expenditure on nuclear related matters

1

There may be paid, out of money provided by Parliament, any expenditure incurred by the Secretary of State, with the consent of the Treasury, under or as a result of—

a

any option under which he or his nominee may acquire an undertaking or property from a British Energy company; or

b

any agreement entered into for the purpose of giving effect to the provisions of such an option, or of continuing or modifying their effect.

2

In this section “British Energy company” has the same meaning as in section 1 of the Electricity (Miscellaneous Provisions) Act 2003 (c. 9).