Energy Act 2023

This section has no associated Explanatory Notes

6(1)Section 18 of the 1965 Act (general cover for compensation) is amended as follows.U.K.

(2)In subsection (1A) for “1,500 million euros” substitute “the aggregate of 1,500 million euros and the value of the CSC international pooled funds”.

(3)In subsection (1D)–

(a)in each of paragraphs (a) and (b) after “section 16(1ZA)” insert “, (1ZAA)”, and

(b)in paragraph (c) after “section (3B)” insert “, (3BA), (3BB), (3BD), (3BE)”.   

(4)In subsection (4B)(b) after “section 16(1ZA)” insert “or, where relevant, (1ZAA)”.

Commencement Information

I1Sch. 22 para. 6 comes into force in accordance with s. 334(4)