# Nuclear Energy (Financing) Act 2022, Section 31: Relevant licensee nuclear company administration orders

Extent: E+W+S

(1) A relevant licensee nuclear company administration order (referred to in this Part as an “RLNC administration order”) means an order which—
(a) is made by the court in relation to a relevant licensee nuclear company;
(b) directs that, while the order is in force, the affairs, business and property of the company are to be managed by a person appointed by the court.
(2) The person appointed in relation to a company for the purposes of an RLNC administration order is referred to in this Part as the nuclear administrator of the company.
(3) The nuclear administrator of a company must manage the company’s affairs, business and property, and exercise and perform all the powers and duties of a nuclear administrator, so as to achieve the objective set out in section 32.
(4) In this Part—
“relevant licence”, in relation to a relevant licensee nuclear company, means the company’s electricity generation licence (within the meaning of Part 1);
“relevant licensee nuclear company” has the same meaning as in Part 1.

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Source: https://www.legislation.gov.uk/ukpga/2022/15/section/31 (the official version)
Page: https://openlegislation.uk/nuclear-energy-financing-act-2022/section-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.