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(1)In the Atomic Energy Authority Act 1971 (c. 11), the following provisions shall cease to have effect—
(a)section 4(1) (BNFL to make property etc. available to the UKAEA); and
(b)section 11(1) to (3) (provisions as to shares in BNFL and the Radiochemical Company).
(2)In section 11(4) of that Act (subscription for shares by the Secretary of State), for “either of the companies” substitute “the Nuclear Fuels Company”.
(3)In section 12(1) of that Act (loans to BNFL and the Radiochemical Company), for “either of the companies” and “the company to which the loan is made” substitute, respectively, “the Nuclear Fuels Company” and “that Company”.
(4)In section 20 of that Act, subsection (4) (powers to exclude employees of BNFL and Amersham from the UKAEA pension scheme) shall cease to have effect.
(5)In section 1(1) of the Nuclear Industry (Finance) Act 1977 (c. 7) (Government guarantees for BNFL and the Radiochemical Company), the words “or The Radiochemical Centre Limited (“T.R.C.L.”)” shall cease to have effect.
(6)In subsection (1) of section 2 of that Act (financial limits)—
(a)for the words from “financial limits” to “B.N.F.L.,” substitute “financial limit applicable to B.N.F.L. is”;
(b)paragraph (b) and the word “and” immediately preceding it shall cease to have effect; and
(c)for “either company” substitute “the company”.
(7)In subsection (2) of that section for “either of the two companies” substitute “B.N.F.L.”.
(8)In section 11A(10) of the 1989 Act, in paragraph (b) of the definition of “relevant licence holder”, the words “(by virtue of anything done under section 33(2) of the Utilities Act 2000)” shall cease to have effect.
(9)The enactments in Part 1 of Schedule 23 (which include some that are spent) are repealed to the extent shown in the second column of that Part of that Schedule.
(10)Those repeals have effect subject to the provisions set out in Part 2 of that Schedule.
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