3Amendment of Schedule 12 to the Electricity Act 1989
This section has no associated Explanatory Notes
(1)Schedule 12 to the Electricity Act 1989 (nuclear liabilities: financial assistance) is amended as follows.
(2)Paragraph 4 (financial limit on grants, loans and guarantees under that Schedule) and, in paragraphs 1(1) and (2), 2(1) and 3(1), the words “Subject to paragraph 4 below” are repealed.
(3)In paragraph 1(1) (grants by the Secretary of State)—
(a)for “towards” there is substituted “for the purpose of meeting”; and
(b)after “person” there is inserted “(whether or not the same person as the person to whom the grant is made)”.
(4)In paragraph 2(1) (loans by the Secretary of State) for “towards” there is substituted “for the purpose of meeting”.