Part 1

The Civil Nuclear Industry
Chapter 1

Nuclear decommissioning

Nuclear Decommissioning Funding Account

Examination of the Account
32
1
As soon as practicable after the end of each relevant financial year, the Secretary of State must prepare a statement of the Nuclear Decommissioning Funding Account.
2
The statement must show—
a
the credits and debits made to the account during the period for which it is prepared; and
b
the determinations made or revised during that period for the purposes of section 31(4)(c).
3
The period for which each statement is to be prepared is the period which—
a
begins—
i
in the case of the first statement, with the establishment of the Account; and
ii
in any other case, immediately after the end of the period for which the previous statement was prepared; and
b
ends with the last day of the last relevant financial year to end before the statement’s preparation.
4
A statement prepared under this section must be sent to the Comptroller and Auditor General before the 30th September in the financial year in which it is prepared.
5
The Comptroller and Auditor General must, before 31st December in the financial year in which he receives a statement under this section—
a
examine and report on it; and
b
lay copies of it, and of his report on it, before Parliament.
6
In this section “relevant financial year” means a financial year in the course of which the Secretary of State has made or revised a determination for the purposes of section 31(4)(c).
S. 32 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1