Parliamentary Search

Written question asked by Julia Drown (Labour) on Thursday, 10 January 2002, in the House of Commons. It was due for an answer on Thursday, 24 January 2002. It was answered by Lord Boateng (Labour) on Thursday, 24 January 2002 on behalf of the Treasury.

Treasury

Question
To ask Mr Chancellor of the Exchequer, What plans he has for (a) fiscal measures and (b) other charges on the nuclear industry to take account of risks of nuclear accidents that are not met by the industry's own insurance. (Failed OPQ). - Inc figure.
Answer

Ms Drown: To ask the Chancellor of the Exchequer what plans he has for (a) fiscal measures and (b) other charges on the nuclear industry to take account of risks of nuclear accidents that are not met by the industry's own insurance. [27552] Mr. Boateng: None. The third-party liability of nuclear installations is governed by international agreement. This is set at £140 million. In the UK, we require installations to purchase insurance for third-party cover for each incident up to this limit. The Department for Trade and Industry is currently negotiating with international partners to triple this limit. The nuclear industry will need to pay for additional commercial cover up to this limit; but we have no plans for fiscal or other charges.

Secondary information

Type
Written question
Reference
27552; 378 c986W
Session
2001-02
Question not reached
Yes
Subjects
Accidents Fees and charges Liability Industry Insurance Nuclear power Nuclear power stations
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk