Energy Act 1983 (Version in vigour from 1991-02-01 to )
| Currency | No known outstanding effects |
| Coming into Force | 01 February 1991 |
(1) In section 16 of the (2) After subsection (1) of that section there shall be inserted—
- “(1A) The Secretary of State may with the approval of the Treasury by order increase or further increase either or both of the amounts specified in subsection (1) of this section; but an order under this subsection shall not affect liability in respect of any occurrence before (or beginning before) the order comes into force.
- “(5A) The amount that a person may claim by virtue of subsection (5) of this section shall not exceed the amount of the payment made by him and, in the case of a claim made by virtue of paragraph (b) of that subsection, shall not exceed the amount applicable under section 16(1) or (2) of this Act to the person subject to the duty in question.
- “(1A) In this section “the required amount”, in relation to the provision to be made by a licensee in respect of a cover period, means an aggregate amount equal to the amount applicable under section 16(1) of this Act to the licensee, as licensee of the site in question, in respect of an occurrence within that period.
- “(2A) When the amount applicable under section 16(1) of this Act to a licensee of a site changes as a result of—
- (a) the coming into force of an order under section 16(1A) or of regulations made for the purposes of section 16(1) , or
- (b) an alteration relating to the site which brings it within, or takes it outside, the description prescribed by such regulations, the current cover period relating to him as licensee of that site shall end and a new cover period shall begin.
- “(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, or
- (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.
- “(4) In relation to liability by virtue of any relevant foreign law, there shall be left out of account for the purposes of subsection (1) of this section any claim which, though made within the relevant period, was made after the expiration of any period of limitation imposed by that law and permitted by a relevant international agreement.
- (4A) Where—
- (a) a relevant foreign law provides in pursuance of a relevant international agreement for sums additional to those referred to in subsection (1) (a) of this section to be made available out of public funds, but
- (b) the maximum aggregate amount of compensation for which it provides in respect of an occurrence in pursuance of that agreement is less than that specified in subsection (1A) of this section, then, in relation to liability by virtue of that law in respect of the occurrence, subsection (1) of this section shall have effect as if for the reference to the amount so specified there were substituted a reference to the maximum aggregate amount so provided.
- “(1A) The Secretary of State may with the approval of the Treasury by order increase or further increase the sum expressed in special...
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