Part 1The Civil Nuclear Industry

Chapter 5Miscellaneous provisions relating to nuclear industry

79Expenditure on nuclear related matters

(1)

There may be paid, out of money provided by Parliament, any expenditure incurred by the Secretary of State, with the consent of the Treasury, under or as a result of—

(a)

any option under which he or his nominee may acquire an undertaking or property from a British Energy company; or

(b)

any agreement entered into for the purpose of giving effect to the provisions of such an option, or of continuing or modifying their effect.

(2)

In this section “British Energy company” has the same meaning as in section 1 of the Electricity (Miscellaneous Provisions) Act 2003 (c. 9).