Written statement to Parliament

Nuclear Liabilities Financing Assurance Board Triennial Review

Michael Fallon announces the Nuclear Liabilities Financing Assurance Board (NLFAB) Triennial Review.

• From: Department of Energy & Climate Change and The Rt Hon Sir Michael Fallon
• Published: 10 October 2013

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

• Delivered on: 10 October 2013

I am today announcing the start of the Nuclear Liabilities Financing Assurance Board (NLFAB) Triennial Review.

Triennial Reviews are part of the Government’s commitment to ensuring that non-departmental public bodies continue to have regular independent challenge.

The review will examine whether there is a continuing need for NLFAB’s function and its form and whether it should continue to exist at arm’s length from Government.

If there is evidence of a continued need for the body, the review will also examine whether NLFAB’s control and governance arrangements continue to meet the recognised principles of good corporate governance.

I will inform the House of the outcome of the review when it is completed.

Published 10 October 2013