UKPGA-1995-37 — Atomic Energy Authority Act 1995

preamble

Be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

Transfer of property, rights and liabilities of the Authority

s. 1 — Atomic Energy Authority to make schemes for transfer of property, rights and liabilities if so directed.

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s. 2 — Powers of Secretary of State.

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s. 3 — Supplementary provisions as to the Authority’s powers.

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s. 4 — Agreements with respect to transfer schemes.

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s. 5 — Duty of Authority to assist Secretary of State in connection with transfer schemes.

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Successor companies

s. 6 — Successor companies.

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s. 7 — Disposal by Authority or Secretary of State of shares in successor companies.

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Financial arrangements relating to transfers

s. 8 — Taxation provisions.

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s. 9 — Pensions.

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Extinguishment of certain liabilities

s. 10 — Extinguishment of certain liabilities.

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Membership of the Authority

s. 11 — Membership of the Authority.

s. 11(1)

Section 1 of the Atomic Energy Authority Act 1954 shall be amended as follows.

s. 11(2)

In subsection (2) (which provides that the Authority shall consist of a chairman and not less than seven nor more than fifteen other members) for “seven” there shall be substituted “ four ”.

s. 11(3)

In subsection (3) (which provides that all the members are to be appointed by the Secretary of State and that certain of them are to have certain experience) the words from “and of those members” to the end shall be omitted.

Supplementary provisions

s. 12 — Expenses.

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s. 13 — Interpretation.

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s. 14 — Short title and extent.

s. 14(1)

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

s. 14(2)

This Act extends to Northern Ireland.

Sch 1

Transfer schemes: supplementary provisions

Paragraph

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Sch 2

Successor companies

Paragraph

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Sch 3

Taxation provisions

Paragraph

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Sch 4

Pensions

Paragraph

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