Section 5 | Strategic priorities and plans

(1)The Secretary of State must prepare a statement of strategic priorities for Great British Energy.

(2)The Secretary of State must comply with subsection (1) within the period of six months beginning with the day on which this Act comes into force.

(3)The Secretary of State may revise or replace the statement.

(4)The Secretary of State must lay a copy of the statement, and of any revised or replacement statement, before Parliament.

(5)The Secretary of State must not, without the consent of the Scottish Ministers, include in a statement under this section anything which concerns a matter provision about which would be within the legislative competence of the Scottish Parliament, if contained in an Act of that Parliament.

(6)The Secretary of State must not, without the consent of the Welsh Ministers, include in a statement under this section anything which concerns a matter provision about which would be within the legislative competence of Senedd Cymru, if contained in an Act of the Senedd.

(7)The Secretary of State must not, without the consent of the Department for the Economy in Northern Ireland, include in a statement under this section anything which concerns a matter provision about which—

(a)would be within the legislative competence of the Northern Ireland Assembly, if it were contained in an Act of that Assembly, and

(b)would not, if it were contained in a Bill in the Northern Ireland Assembly, result in the Bill requiring the consent of the Secretary of State under section 8 of the Northern Ireland Act 1998.

(8)Great British Energy must secure that its articles of association provide for it—

(a)to publish and act in accordance with strategic plans which reflect the Secretary of State’s statement, and

(b)to update those plans whenever the Secretary of State revises or replaces the statement.