# Nuclear Energy (Financing) Act 2022, Section 1: Key definitions for Part 1

Extent: E+W+S

(1) This section applies for the purposes of this Part.
(2) “Nuclear company” means a company that holds an electricity generation licence in respect of a nuclear energy generation project.
(3) References to a “designated” nuclear company are to a nuclear company in relation to which a designation under section 2(1) has effect.
(4) A nuclear company is a “relevant licensee nuclear company” if—
(a) the company’s electricity generation licence contains modifications made under section 6(1), and
(b) the company is a party to a revenue collection contract.
(5) “Electricity generation licence” means a licence under section 6(1)(a) of the Electricity Act 1989.

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Source: https://www.legislation.gov.uk/ukpga/2022/15/section/1 (the official version)
Page: https://openlegislation.uk/nuclear-energy-financing-act-2022/section-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.