Union of India - Act
The Atomic Energy Act, 1962
UNION OF INDIA
India
India
The Atomic Energy Act, 1962
Act 33 of 1962
- Published on 15 September 1962
- Commenced on 15 September 1962
- [This is the version of this document from 31 December 2015.]
- [Note: The original publication document is not available and this content could not be verified.]
- [Amended by THE ATOMIC ENERGY (AMENDMENT) ACT, 2015 (Act 05 of 2016) on 31 December 2015]
286.
Statement of Objects and Reasons.-At present control over the development of atomic energy and matters connected therewith is exercised under the Atomic Energy Act, 1948 (29 of 1948). Having regard to the developments in the field of atomic energy since the enactment of that legislation and with a view to the implementation of the future programme of expansion in the field, it has become necessary to revise that Act extensively. It is accordingly proposed to repeal the existing Act and to replace it by a comprehensive measure. The Notes on Clauses explain the important provision of the Bill.Amendment Act 59 of 1986-Statement of Objects and Reasons.-Clause 2 of the Bill seeks to amend section 6 of the Atomic Energy Act, 1962 retrospectively so as to provide that payment of compensation for compulsory acquisition of minerals, concentrates and other materials under that section should, instead of being a condition precedent to their acquisition, be a condition to be given effect to after such minerals, concentrates or other materials become the property of the Central Government, so as to repel any doubt that compulsory acquisition of such minerals, concentrates and other materials under that section will amount to sale. A new section 11-A is also proposed to be inserted retrospectively so as to make it clear beyond doubt that the compulsory acquisition under sections 6 and 11 shall not be deemed to be a sale for any purpose whatsoever.Amendment Act 29 of 1987-Statement of Objects and Reasons.-The Atomic Energy Act, 1962 inter alia empowers the Central Government to produce and supply electricity from atomic energy. It is felt that in order to achieve the envisaged target of nuclear power generation of 10,000 MW of installed generating capacity by the year 2000 AD, a nuclear power corporation or a Government company should be set up which would design, construct and operate nuclear power stations. This corporation or company would also be in a position to raise resources other than what is actually available from Government for this programme and also provide greater operational flexibility. To enable the Government to entrust its power to own, establish and operate nuclear power stations to a Corporation or Government Company and to enable such Corporation or Government Company to perform such other functions incidental to such powers, it is necessary to amend the Atomic Energy Act.[15th September, 1962]An Act to provide for the development, control and use of atomic energy for the welfare of the people of India and for other peaceful purposes and for matters connected therewith.Be it enacted by Parliament in the Thirteenth Year of the Republic of India as follows:-| Brought into force on 21.9.1962 vide G.S.R. 1254, dated 18.9.1962. The Act has been extended to Sikkim, see S.O. 6(E), Gazette of India 6.1.1987 and brought into force on 1.4.1987, see S.O. 1028, Gazette on India, dated 18.4.1987. |