# Energy Act 2004, Paragraph 28


(1) This paragraph applies where, in consequence of a nuclear transfer scheme, a subsidiary of the NDA becomes a relevant site licensee.
(2) For the purposes of the application of the enactments mentioned in sub-paragraph (3) to the assets of the company which has become a relevant site licensee, that company shall be treated as continuing, for so long as it is a relevant site licensee, to be a member of the group of companies of which it was a member immediately before the scheme took effect.
(3) Those enactments are—
(a) the 1992 Act;
(b) Schedule 29 to the Finance Act 2002 (c. 23);
(c) paragraphs 5, 14, 19 and 26 of this Schedule.
(4) The reference in sub-paragraph (2) to the group of companies of which a company was a member is to be construed—
(a) in relation to the 1992 Act in accordance with the provisions of section 170 of that Act; and
(b) in relation to Schedule 29 to the Finance Act 2002, in accordance with Part 8 of that Schedule.

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Source: https://www.legislation.gov.uk/ukpga/2004/20/schedule/9/paragraph/28 (the official version)
Page: https://openlegislation.uk/energy-act-2004/schedule-9/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

