ANY OTHER REGULATORY PERMIT OR CONSENT
WHICH IS ESSENTIAL TO THE CONTRACTOR'S ABILITY TO OPERATE THE SITES OR CARRY OUT
THE COMMERCIAL OPERATIONS TASKS IN ACCORDANCE WITH LAW; OR
.2
TO APPLY FOR, OR RESIST, OR JOIN INTO AN
INJUNCTION WHICH THE CONTRACTOR, ACTING REASONABLY, CONSIDERS URGENT AND
NECESSARY TO THE CONTRACTOR'S PERFORMANCE OF ITS OBLIGATIONS TO THE AUTHORITY.
4.2
Records
4.2.1
REQUIRED RECORDS
The Contractor shall hold and make the following records available to the
Authority in accordance with the open access, inspection and audit rights set
out Clause 4.5 (Inspection and Audit).
ALL STATUTORY AND, REGULATORY RECORDS AND
REPORTS REQUIRED TO BE KEPT (AND/OR SUBMITTED TO THE REGULATORS) BY THE
CONTRACTOR IN ITS CAPACITY AS EMPLOYER, AS NUCLEAR SITE LICENSEE AND AS HOLDER
OF ANY PERMIT, CONSENT OR OTHER AUTHORISATION ISSUED BY ANY REGULATOR;
BOOKS OF ACCOUNT AND OTHER INFORMATION SET OUT
IN CLAUSE 4.2.2 (BOOKS OF ACCOUNT AND OTHER INFORMATION); AND
SUCH OTHER INFORMATION AS WOULD NORMALLY BE
EXPECTED TO BE CREATED, RECEIVED AND MAINTAINED AS EVIDENCE AND INFORMATION BY
AN ORGANISATION OR PERSON CARRYING ON THE BUSINESS OF THE CONTRACTOR IN
PURSUANCE OF LEGAL OBLIGATIONS OR IN THE TRANSACTION OF BUSINESS WHICH IS NOT
ALREADY REQUIRED TO BE KEPT BY THE CONTRACTOR PURSUANT TO CLAUSE OR
CLAUSE AND WHICH MAY BE REASONABLY REQUIRED BY THE AUTHORITY FROM TIME
TO TIME IN ORDER TO COMPLY WITH ITS STATUTORY FUNCTIONS AND/OR DUTIES OR
OTHERWISE,
(TOGETHER THE "RECORDS") IN SUCH CONDITION, FORMAT AND DETAIL AS IS SUITABLE FOR
THEIR INTENDED PURPOSE, OR IN RELATION TO CLAUSE ABOVE AS REQUIRED BY
THE AUTHORITY, AND FOR THE PERIOD SPECIFIED IN CLAUSE 4.3 (RETENTION OF
RECORDS).
4.2.2
BOOKS OF ACCOUNT AND OTHER INFORMATION
BOOKS OF ACCOUNT
The Contractor shall maintain, on a current and accurate basis, books of account
relating to its activities under this Contract in accordance with:
.1
UK GENERALLY ACCEPTED ACCOUNTING PRACTICE
(UK GAAP), CONSISTING OF ALL EXTANT STATEMENTS OF STANDARD ACCOUNTING PRACTICE
(SSAPS), FINANCIAL REPORTING STANDARDS (FRSS), URGENT ISSUES TASK FORCE
ABSTRACTS AND ANY RELEVANT INDUSTRY-SPECIFIC AUTHORITATIVE GUIDANCE; OR
81
.2
INTERNATIONAL GENERALLY ACCEPTED
ACCOUNTING PRACTICE, COMPRISING TO THE EXTENT ADOPTED BY THE EUROPEAN
COMMISSION, ALL EXTANT INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRSS),
INTERNATIONAL ACCOUNTING STANDARDS (IASS), INTERPRETATIONS OF THE INTERNATIONAL
FINANCIAL REPORTING INTERPRETATIONS COMMITTEE AND ITS PREDECESSOR BODY, AND
OTHER RELEVANT INDUSTRY-SPECIFIC AUTHORITATIVE GUIDANCE; AND
.3
THE COMPANIES ACT 1985; AND
.4
PART 4 OF THE FINANCE SCHEDULE (COSTS
PRINCIPLES AND PROCEDURES); AND
.5
AN OPEN BOOK SYSTEM.
FURTHER INFORMATION
Without prejudice to information provided by the Contractor to the Authority
pursuant to this Contract the Contractor shall, provide to the Authority such
further information as the Authority may at any time reasonably request on
reasonable notice.
FINANCIAL INFORMATION
Without prejudice to the generality of Clause (Further Information), the
Contractor shall furnish to the Authority as soon as they become publicly
available and, in any event, not later than ninety (90) Calendar Days after the
close of