of other damage to less than 5 million SDRs or such higher amount
may be established by the legislation of a contracting party. It will thus bring the Paris Convention into line with the existing
United Kingdom position, except that it will allow a higher
threshold to be set for the amount which must be available for other
damage.
36. It is proposed to take advantage of this provision and to
substitute for the figure of £2,100,000 in section 21 (1) the figure of £6 million_7.
G
Increases in Limits
37. It is also desired that the Secretary of State should be
empowered, by order made by statutory instrument with the approval
of the Treasury, to increase any of the new figures mentioned
in paragraphs 15, 26 and 36 above. Such orders should be required to be aid in draft before the House of Commons and approved by a
resolution of that House before being made. Subject to the
foregoing, it is not intended that there should be any limit on the
amount by which the Secretary of State may raise any of these figures or on the number of occasions on which the power may be
exercised.
H
Certificates of Financial Security
38.
Article 4 of the Paris Convention provides that the operator of a nuclear installation shall be liable for nuclear damage caused in certain circumstances during the course of carriage. Article 4(c) provides that the operator shall provide the carrier of nuclear
material with a certificate issued by or on behalf of the insurer or other financial guarantor setting out certain specified information.
gives effect to Article 4 and, in
Section 21
13