Energy Act 1983
c. 25
587
a there shall be substi
virtue of any relevant of account for the pur tion any claim which eriod, was made after tation imposed by that ernational agreement.
ides in pursuance of a ement for sums addi in subsection (1)(a) of vailable out of public
count of compensation spect of an occurrence ment is less than that of this section,
of that law in respect this section shall have ount so specified there maximum aggregate
7 does not make the
·A)(a) of this section, of that law in respect
shall not have effect of the persons) liable r the Crown; and : the Crown is liable, ct as if for the refer- d in subsection (1A) rence to the amount to that person under respect of the occur such person is liable, unts which would be stituted a breach of of this Act.".
(which restricts the shared liability)- -ds
of five million d the words "equal in question under
'not being less than fect.
(5) This section shall not have effect in respect of any occur- ence before (or beginning before) the commencement of this section.
CC
PART II
29.-(1) In subsection (1) of section 21 of the 1965 Act Carriage of (compensation in respect of carriage), for the words £2,100,000" there shall be substituted the words
of nuclear which is matter.
the equivalent in sterling (on the day, or first day, of that occurrence) of 5 million special drawing rights".
(2) After that subsection there shall be inserted-
"
(1A) 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 (1) of this section; but an order under this subsection shall not have effect in respect of any occurrence before (or be ginning before) the order comes into force.".
(3) After subsection (4) of that section there shall be inser- ted-
"(4A) Subsection (3) of this section shall not apply where the carriage in question is wholly within the terri- toriál limits of the United Kingdom.".
(4) This section shall not have effect in respect of any occur. rence before (or beginning before) the commencement of this section.
30. After section 25 of the 1965 Act there shall be inserted-
"Orders.
Special drawing rights.
Provisions
to sections 27
to 29.
25A. The power to make orders under section supplementary 16(1A), 18(1B) or 21(1A) of this Act shall be exer- cisable by statutory instrument; but no such order shall be made unless a draft of it has been laid before and approved by resolution of the House of Commons.
}
253.—(1) In this Act "special drawing rights means special drawing rights as defined by the International Monetary Fund; and for the purpose of determining the equivalent in sterling on any day of a sum expressed in special drawing rights, one special drawing right shall be treated as equal to such a sum in sterling as the International Monetary Fund have fixed as being the equivalent of one special drawing right-
(a) for that day, or
(b) if no sum has been so fixed for that day, for the last day before that day for which a sum has been so fixed.