Nuclear Decommissioning Authority (NDA) still on track for April 2005 start; European Commission confirm formal State aids investigation.

0 Comments | M2 Presswire, December, 2004

M2 PRESSWIRE-1 December 2004-UK Government: Nuclear Decommissioning Authority (NDA) still on track for April 2005 start; European Commission confirm formal State aids investigation(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:12012004 The Government today welcomed the beginning of the European Commission's formal investigation into State aid to the NDA.

In December 2003 the UK Government notified the Commission that it intends to provide State Aid to the NDA. UK officials will work closely with the Commission to ensure a positive outcome. Interim funding arrangements, to cover the duration of the investigation, will allow the NDA to start work as planned on 1 April. The Commission has confirmed that these arrangements do not breach State aid rules. The...