Part 1The Civil Nuclear Industry

Chapter 1Nuclear decommissioning

Supplementary provisions of Chapter 1 of Part 1

I133Validity of transactions

1

A person who enters into a transaction with the NDA is not required to see or to enquire whether the transaction constitutes or involves—

a

conduct by the NDA which is for the purposes of, or conducive or incidental to, the carrying out of its functions;

b

a contravention of section 7(6) or 9; or

c

a contravention of a direction given by the Secretary of State.

2

A transaction entered into by the NDA is not invalidated because the transaction constitutes or involves—

a

conduct by the NDA which is neither for the purposes of, nor conducive or incidental to, the carrying out of its functions;

b

a contravention of section 7(6) or 9; or

c

a contravention of a direction given by the Secretary of State.