Atomic Energy Authority Act 1995

Supplementary provisions E+W+S+N.I.

12 Expenses. E+W+S+N.I.

There shall be paid out of money provided by Parliament any increase attributable to this Act in—

(a) the administrative expenses of the Secretary of State or the Treasury, or

(b) the sums which under any other Act are payable out of money so provided.

13 Interpretation. E+W+S+N.I.

(1) In this Act, unless the context otherwise requires—

• “the Authority” means the United Kingdom Atomic Energy Authority;

• “debentures” includes debenture stock;

• “securities”, in relation to a company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company;

• “shares” includes stock;

• “subsidiary” and “wholly-owned subsidiary” have the same meaning as in the M1 Companies Act 1985;

• “successor company” means any company which, at a time when it is wholly owned by the Crown or is a wholly-owned subsidiary of the Authority, becomes entitled or subject, in accordance with a transfer scheme, to any property, rights or liabilities;

• “transfer scheme” has the meaning given by section 1 of this Act.

(2) A company shall be regarded for the purposes of this Act as wholly owned by the Crown at any time when none of the issued shares in the company is held otherwise than by, or by a nominee of, the Treasury or the Secretary of State.

(3) A successor company shall be regarded for the purposes of this Act as publicly owned at any time when it—

(a) is wholly owned by the Crown, or

(b) is a wholly-owned subsidiary of the Authority.

Annotations:

Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.

Marginal Citations

M1 1985 c. 6.

14 Short title and extent. E+W+S+N.I.

(1) This Act may be cited as the Atomic Energy Authority Act 1995.

(2) This Act extends to Northern Ireland.