Extended Liability Act.
Country
Type of law
Legislation
Abstract
The present Act enforces the Atomic Energy Act of 23 December 1959. In particular, the Act establishes that controlling companies of nuclear power plants will remain liable for the operating companies they control, to the extent that this concerns: i) the cost of decommissioning and dismantling of their NPPs; ii) liabilities towards the Fund; and – in the case that a company decides against paying the risk surcharge; iii) any additional payment obligations in the event that the cost of the nuclear waste disposal is higher than anticipated. The controlling company will be held liable only if the operator has ceased to meet its payment obligations – e.g. as a result of insolvency – or has ceased to exist. The text consists of 4 articles.
Attached files
Web site
Long title of text
Act on liability for dismantling and waste disposal costs in the nuclear power sector.
Date of text
Repealed
No
Serial Imprint
Bundesgesetzblatt, Part I, No. 5, 2 February 2017, pp. 127 and 128.
Source language
English
Legislation Amendment
No
Original title
Gesetz zur Nachhaftung für Abbau- und Entsorgungskosten im Kernenergiebereich (Nachhaftungsgesetz).