Section 18
Section 18 of the principal Act is amended—
of Atomic Energy Licensing (Amendment) Act 2025
Amendment ActIn forceProvision 18 of 71
Section 18
(a)
in the shoulder note, by substituting for the word “Security”
the words “Financial security”;
18
(b)
in subsection (1)—
(i)
by substituting for the word “security” the words
“financial security”; and
(ii)
by inserting after the words “the conditions of the licence” the words “and the provisions of this Act”;
(c)
in subsection (2), by substituting for the words “, such security” the words “or the provisions of this Act, such financial security”; and
(d)
by inserting after subsection (2) the following subsection:
“(3) The appropriate authority may, whenever he considers it necessary to do so, require the licensee to forthwith deposit an additional sum of financial security.”.