3
Energy Act 1983
c. 25
585
TIONS
r Installations Act 1965 -section (1) (limitation of ccurrence to £5 million) there shall be substituted
of the licensees of such"
there shall be inserted-
ay with the approval of further increase either in subsection (1) of this ubsection shall not affect ace before (or beginning
of that Act (claim by a tion) for the words from here shall be substituted of this section)"; and ed-
on may claim by virtue 1 not exceed the amount
in the case of a claim of that subsection, shall : under section 16(1) or ubject to the duty in
that Act (special cover an aggregate amount of stituted the words "the csection there shall be
ed amount ", in relation licensee in respect of a amount equal to the 5(1) of this Act to the estica, in respect of 3a
1.
that Act, after the word words subject to sub er subsection (2) there
ble under section 16(1) changes as a result of— 20 order under section
ade for the purposes of
(b) an alteration relating to the site which brings it within, or takes it outside, the description pre- scribed by such regulations,
the current cover period relating to him as licensee of that site shall end and a new cover period shall begin.".
(6) In section 20(1) of that Act (duty to notify Secretary of State when claims reach £3 million), for the words
16 three million pounds" there shall be substituted the words three fifths of the required amount within the meaning of section 19 ".
"
(7) In section 26(1) of that Act, in the definition of occur- rence", after 16(1)" there shall be inserted "and (1A) ".
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(8) Subsection (1) above shall not affect liability in respect of any occurrence before (or beginning before) the commencement of this section; and where the amount applicable under section 16(1) of the 1965 Act to the licensee of a site is increased by virtue of subsection (1) above, then for the purposes of section 19 of that.Act the cover period relating to him as licensee of that site and current at the commencement of this section shall end and a new cover period shall begin.
PART II
28.-(1) In subsection (1) of section 18 of the 1965 Act General (general cover for compensation)———-
(a) for the words “and (3)" there shall be substituted the
words "to. (4B)", and
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(b) for the words from an aggregate to the end there shall be substituted the words "the aggregate amount specified in subsection (1A) of this section ".
(2) After subsection (1) of that section there shall be inserted- “(1A) The aggregate amount referred to in subsection (1) of this section is the equivalent in sterling of 300 million special drawing rights on-
(a) the day (or first day) of the occurrence in question.
ог
(b) if the Secretary of State certifies that another day has been fixed in relation to the occurrence in accordance with an international agreement, that other day.
(IB) The Secretary of State may with the approval of the Treasury by order increase or further increase the sum expressed in special drawing rights in subsection (1A) of this section; but an order under this subsection shall not have effect in respect of an occurrence before (or beginning before) the order comes into force.".
cover for compensation.