THE ATOMIC ENERGY (AMENDMENT) ACT, 2015

NO. 5 OF 2016

[31st December, 2015.]

An Act further to amend the Atomic Energy Act, 1962.

BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows:—

1. (1) This Act may be called the Atomic Energy (Amendment) Act, 2015.

(2) It shall come into force on such date as the Central Government may, by notification

in the Official Gazette, appoint.

2. In section 2 of the Atomic Energy Act, 1962 (hereinafter referred to as the principal

Act), in sub-section (1), for clause (bb), the following clause shall be substituted,

namely:—

‘(bb) “Government company” means a company in which—

(i) not less than fifty-one per cent. of the paid-up share capital is held by

the Central Government; or

Short title

and com-

mencement.

Amendment

of section 2.

33 of 1962.

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EXTRAORDINARY

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PART II — Section 1

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PUBLISHED BY AUTHORITY

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NEW DELHI, FRIDAY, JANUARY 1, 2016/PAUSHA 11, 1937 (SAKA)

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Separate paging is given to this Part in order that it may be filed as a separate compilation.

REGISTERED NO. DL—(N)04/0007/2003—16

MINISTRY OF LAW AND JUSTICE

(Legislative Department)

New Delhi, the 1st January, 2016/Pausha 11, 1937 (Saka)

The following Act of Parliament received the assent of the President on the

31st December, 2015, and is hereby published for general information:—

(ii) the whole of the paid-up share capital is held by one or more of the

companies specified in sub-clause (i) and which, by its articles of association,

empowers the Central Government to constitute and reconstitute its Board of

Directors;’.

3. In the principal Act, in section 14, after sub-section (1), the following sub-sections

shall be inserted, namely:—

“(1A) No licence under sub-clause (c) of clause (ii) of sub-section (1) shall be

granted to a person other than a Department of the Central Government or any

authority or an institution or a corporation established by the Central Government,

or a Government company.

(1B) Any licence granted to a Government company under sub-section (1)

shall stand cancelled in case the licensee ceases to be a Government company and,

notwithstanding anything contained in any other law for the time being in force, all

assets thereof shall vest in the Central Government free from any liability and the

Central Government shall take such measures for safe operation of the plant and

disposal of nuclear material so vested in it, as may be necessary in accordance with

the provisions of section 3.”.

Amendment

of section 14.

————

DR. G. NARAYANA RAJU,

Secretary to the Govt. of India.

GMGIPMRND—3983GI(S3)—02.01.2016.

2

THE GAZETTE OF INDIA EXTRAORDINARY

[PART II—SEC. 1]

PRINTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI

AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI—2016.