Part 2: Revenue collection contracts Section 21: Application of sums held by a revenue collection counterparty
This section deals with situations where the funds held by the revenue collection counterparty are insufficient to meet its liabilities in relation to revenue collection contracts.
	Subsections (1) to (2) enable the regulations to make provision about the allocation of sums between revenue collection contracts by the revenue collection counterparty in circumstances where the supplier obligation is not large enough to meet all of its obligations in full. It also enables revenue regulations to include provision to define what is meant by "unable to fully meet its liabilities under a revenue collection contract". Subsection (3) states that, in making these regulations, the Secretary of State must have regard to the principle that sums should be apportioned in proportion to the amounts which are owed, such that they are pro-rated between relevant licensee nuclear companies.
	Subsections (4) and (5) enable the regulations to make provision about the use of sums a revenue collection counterparty holds and for the circumstances where monies received should or should not go to the Consolidated Fund.