
1 
This Order may be cited as the Electricity Act 1989 (Scottish Nuclear Limited) Extinguishment of Loans Order 1990 and shall come into force on 31st March 1990 immediately after the vesting of property, rights and liabilities in successor companies effected by virtue of section 67(4) of the Electricity Act 1989.
2 
Any liability of Scottish Nuclear Limited, being a successor company in Scotland wholly owned by the Crown, in respect of the principal of the relevant loans specified in the Schedule to this Order, being loans made from the National Loans Fund the liability to repay which vests in that company by virtue of section 67(4) of the Electricity Act 1989, is hereby extinguished.
Malcolm Rifkind
One of Her Majesty’s Principal Secretaries of State
St Andrew’s House,
Edinburgh
1st March 1990
SCHEDULE
Article 2


Dated Principal as at date of loan Principal outstanding as at 31st March 1990 Identification number
 £ £
16.11.82  8,000,000   5,760,000 02182
23.11.82  8,000,000   5,760,000 02382
20.12.82  8,000,000   5,760,000 02582
22.12.82  8,000,000   5,760,000 02782
16.05.83  4,000,000   2,960,000 00183
31.05.83  4,000,000   2,960,000 00383
20.06.83  8,000,000   6,080,000 00583
11.07.83  8,000,000   5,920,000 00783
20.07.83  8,000,000   5,920,000 00983
16.08.83  5,600,000   4,144,000 01183
19.08.83  4,000,000   2,960,000 01383
22.08.83  8,000,000   5,920,000 01583
30.08.83  4,000,000   2,960,000 01783
31.08.83  4,000,000   2,960,000 01983
07.09.83  4,000,000   2,960,000 02183
20.09.83  4,000,000   2,960,000 02383
27.09.83  4,000,000   2,960,000 02583
04.10.83  4,000,000   3,040,000 02783
18.10.83  8,000,000   6,080,000 02983
16.11.83  8,000,000   6,080,000 03183
05.12.83  8,000,000   5,920,000 03383
19.12.83 16,000,000   12,160,000 03583
09.01.84  8,000,000   6,080,000 00184
17.01.84 16,000,000   12,160,000 00384
16.11.87 70,000,000   56,000,000 00187
15.12.87 10,000,000   8,000,000 00287
18.12.87 25,000,000   20,000,000 00387
15.01.88 50,000,000   40,000,000 00487
29.01.88 20,000,000   16,000,000 00587
15.02.88 15,000,000   12,000,000 00687
16.02.88 50,000,000   40,000,000 00787
17.02.88 45,000,000   36,000,000 00887
15.07.88 30,000,000   25,500,000 00188
15.08.88 60,000,000   51,000,000 00288
20.09.88 10,000,000   8,500,000 00388
22.09.88 30,000,000   25,500,000 00488
15.11.88 40,000,000   36,000,000 00588
29.11.88 40,000,000   36,000,000 00688
13.12.88 40,000,000   36,000,000 00788
10.01.89 40,000,000   36,000,000 00888
24.01.89 40,000,000   36,000,000 00988
14.02.89 35,000,000   31,500,000 01088
15.02.89 35,000,000   31,500,000 01188
10.07.89 25,000,000   24,152,002 00189 ER
10.07.89 20,000,000   19,192,487 00289 ER
14.07.89 75,000,000   75,000,000 00289 M
07.08.89 40,000,000   38,821,909 00389 ER
07.08.89 13,500,000   13,500,000 00389 M
07.08.89 12,500,000   12,500,000 00489 M
15.08.89 50,000,000   47,500,000 00189
25.08.89 20,000,000   20,000,000 00489 ER
29.08.89 20,000,000   20,000,000 00589 M
15.09.89 60,000,000   60,000,000 00789 M
15.09.89 30,000,000   30,000,000 00689 M
15.09.89 95,000,000   95,000,000 00889 M
11.10.89 40,000,000   40,000,000 00989 M
18.10.89 40,000,000   40,000,000 01189 M
25.10.89 40,000,000   40,000,000 01289 M
06.11.89 50,000,000   50,000,000 00589 ER
15.11.89 35,000,000   35,000,000 00289
 Total £1,368,390,398