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Price-Anderson Act Financial Protection Regulations and Elimination of Antitrust Reviews

nuclear-licensing · Nuclear Regulatory Commission · Published 2005-10-27 · Effective 2005-11-28 · 70 FR 61885

Document

Document number
05-21342
Federal Register citation
70 FR 61885
CFR reference
10 CFR 2
Type
Rule
Action
Final rule.
Category
nuclear-licensing
Sub-agency
Nuclear Regulatory Commission
Publication date
2005-10-27
Effective date
2005-11-28

Abstract

The Nuclear Regulatory Commission (NRC) is amending its regulations to conform with the requirements of the Energy Policy Act of 2005. The revised regulations include Congress's prescribed increase in the amount of the required annual financial contributions required from commercial reactors in the event of a nuclear accident to pay for third party liability under the Price-Anderson Act. Another revision provides Congress's accommodation for modular reactors, which permits a defined combination of these reactors to be considered a single reactor for the determination of financial obligations under the Price-Anderson Act. Additional revisions, essentially deletions, result from Congress's terminating NRC's authority and responsibility to conduct antitrust reviews of future applications to construct or operate a nuclear reactor.

Source

Authoritative
Federal Register document
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