{
  "url": "https://openlegislation.uk/steeple-renewables-project-order-2026/schedule-10/paragraph-149",
  "json_url": "https://openlegislation.uk/steeple-renewables-project-order-2026/schedule-10/paragraph-149.json",
  "legislation": "uksi/2026/1086",
  "legislation_title": "The Steeple Renewables Project Order 2026",
  "legislation_url": "https://openlegislation.uk/steeple-renewables-project-order-2026",
  "path": "schedule/10/paragraph/149",
  "kind": "paragraph",
  "number": "149",
  "heading": "Interpretation",
  "text": "In this Part of this Schedule—\n“acceptable credit provider” means a bank or financial institution with a credit rating that is not lower than—\n(a) “A-” if the rating is assigned by Standard & Poor’s Ratings Group or Fitch Ratings; and\n(b) “A3” if the rating is assigned by Moody’ s Investors Services Inc.\n“acceptable insurance” means a third party liability insurance policy effected and maintained by the undertaker or its contractor with a combined property damage and bodily injury limit of not less than £20,000,000 (twenty million pounds) per occurrence or series of occurrences arising out of one event or such lower amount as may be approved by UKAEA. Such insurance shall be maintained during the construction period of the authorised development and arranged with an insurer whose security/credit rating meets the same requirements as an acceptable credit provider such insurance shall include (without limitation)—\n(a) a waiver of subrogation and an indemnity to principal clause in favour of UKAEA; and\n(b) pollution liability for third party property damage and third party bodily damage arising from any pollution/contamination event with a (sub)limit of indemnity of not less than £10,000,000.00 (ten million pounds) per occurrence or series of occurrences arising out of one event or £20,000,000.00 (twenty million pounds) in aggregate.\n“authorised development” has the same meaning in article 2(1) of this Order and for the purposes of this Part of this Schedule includes the use, maintenance and decommissioning of the authorised development and construction of any works authorised by this Part of this Schedule;\n“commence” and “commencement” has the same meaning as in article 2(1) of this Order, except in this Part of this Schedule it includes any below ground surveys, below ground monitoring and ground work operations;\n“functions” includes powers and duties;\n“plan” or “plans” include all designs, drawings, specifications, method statements, soil reports, programmes, calculations, risk assessments and other documents that are reasonably necessary properly and sufficiently to describe and assess the works to be executed;\n“specified works” means any of the authorised development or activities undertaken in association with the authorised development within the West Burton Power Station;\n“STEP project” means the project to construct a Spherical Tokamak for Energy Production at the West Burton Power Station;\n“UKAEA” means the United Kingdom Atomic Energy Authority, or any successor in its functions, and shall include UKFE which may give consent, agreement or approval on behalf of UKAEA for the purposes of paragraphs 150 to 160;\n“UKAEA land” means the land within plots 05/04, 05/05, 05/06, 05/07 and 05/10 as shown on the land plan and described in the book of reference;\n“UKFE” means UK Fusion Energy Limited (company number 14620804) whose registered office is at C7 Culham Campus, Abingdon, Oxfordshire, United Kingdom, OX14 3DB or any successor to UKFE’s function to deliver the STEP project; and\n“West Burton Power Station” means land shown edged red on the plan named “the West Burton Power Station plan” identified in the table at Schedule 12 (documents to be certified) and which is certified by the Secretary of State as the West Burton Power Station plan for the purposes of this Order.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2026/1086/schedule/10/paragraph/149",
    "retrieved_at": "2026-10-31T10:33:45.735898+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}