Energy Act 2004

79Expenditure on nuclear related mattersU.K.

This section has no associated Explanatory Notes

(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 ofโ€”

(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 โ€œBritish Energy companyโ€ has the same meaning as in section 1 of the Electricity (Miscellaneous Provisions) Act 2003 (c. 9).

Commencement Information

I1S. 79 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1