Atomic Energy (Amendment) Bill, 2015

The Atomic Energy (Amendment) Bill, 2015

Ques: The Atomic Energy (Amendment) Bill, 2015 was introduced in Lok Sabha on December 7, 2015. Which of the following legislative have been brought to amend the bill?

(a) Atomic Energy Act, 1962

(b) Atomic Energy (Amendment) Act, 1987

(c) Atomic Energy (Amendment) Act, 1986

(d) Nuclear power generation Act, 1972

Ans: (a)

Related facts:

  • The Atomic Energy (Amendment) Bill, 2015 was introduced in Lok Sabha on December 7, 2015.
  • The Bill proposes to amend the Atomic Energy Act, 1962.
  • The key facts of the bill are as follows :
  • Under the Act, a government company is one in which at least 51% of the paid-up share capital is held by the central government.
  • Paid-up share capital is the capital received by a company from the issue of shares.
  • Under the Act, a license is required for acquisition, production, use, export and import of any plant designed for the production and development of atomic energy or research.
  • The Bill makes consequential amendments to state that such license will only be granted to entities such as a government company or a department of central government.
  • The Bill further provides for cancellation of license in case the licensee ceases to be a government company.

Reference:

http://pib.nic.in/newsite/PrintRelease.aspx?relid=132664

http://www.prsindia.org/billtrack/the-atomic-energy-amendment-bill-2015-4086/

http://articles.economictimes.indiatimes.com/2015-12-07/news/68836032_1_atomic-energy-act-nuclear-power-projects-npcil