Explanatory note

This Order designates British Nuclear Fuels plc as a company falling within section 39(3) of the Energy Act 2004^f1.

For the purposes of section 39(4) of that Act, British Nuclear Fuels plc is a publicly owned company to which property, rights or liabilities of BNFL were transferred at a time when both British Nuclear Fuels plc and BNFL were publicly owned. By virtue of section 39(2) of that Act the securities, property, rights and liabilities of such a company may be transferred to a publicly owned company, the NDA or a consenting person by a scheme under section 38 of that Act.

No Regulatory Impact Assessment has been carried out as this Order will have no impact on business or the voluntary sector.