Nuclear Installations Act 1965
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Change 1
20A Power to make arrangements with respect to licensee’s or operator’s cover
(1) The Secretary of State may make arrangements with any person for the purpose of enabling— (a) the licensee of a licensed site, or (b) the operator of a relevant disposal site, to make the provision required by section 19(1). (2) The arrangements that may be made under subsection (1) include— (a) the provision of insurance or reinsurance; (b) the provision of an indemnity or guarantee. (3) The power under subsection (1) does not include a power to make grants. (4) Arrangements made by the Secretary of State under subsection (1) are to be on such terms as the Secretary of State considers appropriate. (5) The Secretary of State is not to make arrangements under subsection (1) except with the consent of the Treasury. (6) Sums received by the Secretary of State under arrangements made under subsection (1) are to be paid into the Consolidated Fund. (7) Sums required by the Secretary of State for fulfilling obligations arising under arrangements made under subsection (1) are to be paid out of money provided by Parliament. (8) If any sum required by the Secretary of State for fulfilling obligations under arrangements made under subsection (1) is not paid out of money provided by Parliament, it is to be charged on and paid out of the Consolidated Fund. (9) Where money is paid in reliance on subsection (8), the Secretary of State must as soon as is reasonably practicable lay a report before Parliament specifying the amount paid and the arrangements under which the amount fell to be paid.
20A Power to make arrangements with respect to licensee’s or operator’s cover
(1) The Secretary of State may make arrangements with any person for the purpose of enabling— (a) the licensee of a licensed site, or (b) the operator of a relevant disposal site, to make the provision required by section 19(1). (2) The arrangements that may be made under subsection (1) include— (a) the provision of insurance or reinsurance; (b) the provision of an indemnity or guarantee. (3) The power under subsection (1) does not include a power to make grants. (4) Arrangements made by the Secretary of State under subsection (1) are to be on such terms as the Secretary of State considers appropriate. (5) The Secretary of State is not to make arrangements under subsection (1) except with the consent of the Treasury. (6) Sums received by the Secretary of State under arrangements made under subsection (1) are to be paid into the Consolidated Fund. (7) Sums required by the Secretary of State for fulfilling obligations arising under arrangements made under subsection (1) are to be paid out of money provided by Parliament. (8) If any sum required by the Secretary of State for fulfilling obligations under arrangements made under subsection (1) is not paid out of money provided by Parliament, it is to be charged on and paid out of the Consolidated Fund. (9) Where money is paid in reliance on subsection (8), the Secretary of State must as soon as is reasonably practicable lay a report before Parliament specifying the amount paid and the arrangements under which the amount fell to be paid.
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