COM 0212.400 1996-1998 - Laserfiche WebLink

Home

MRY-16-97 FRI 15;07 MB-WCFO FAX N0, 5109750381 P, 04 3035(e) 3035(f) PART 30 . RULES OF GENERAL APPLICABILITY TO DOMESTIC LICENSING- . (e) Fach decommissitming funding (g) A survey method, insurmw. or (i) The surety method or insurance plan must contain a met sseima[e for other guuantas method. Theca methods moat De open-ended or. if written for e decommissioning sad a dasersption of ~ 8uurantee Utat decommiasioniag corm specified teem, such as five years, moat iho mothod of assuring feeds for will be paid. A surety method maybe be renewed automatically unless 90 deconvnissionirsg from paragaph (q of in the (orm of a surety Doad, fatter of days or more prior to the renewal date. this section, including means for rxxlit. or lies of aodil. A parent the issuer notifies the Commission, the adjtuting cost estimates end assot5ated LOmPmy guuoatw of toads for 'beneficiary, and the licensee of its N fundin levels periodically over the life decommissioning tests Dssad en a intention not to renew. The surety m fiaandal test easy be used i! tba method or insurance must also provide n of the rihty. The decommissioning guaesatsa and last are sa coalainal in that the Full face amount ba aid to the funding plan must also coaeain a a oadix A of this art A Brent P PP P P m beneficiary automatically prior to the ~ eeniLration by the licensee that company guarantee may not be used in a expiration without proof of fodeitute it fintmciel asstuaaee for m combination with other finenciel r°v the licensoe fails to provide a decommissioning has been provided is ~ metboda to satisfy the requirements eF LL replacement acceptable to the the amount oltha wet estimate fan this section. A guarnnlee of Eundz by thu Cammissiaa within 90 days after receipt decemmissioning and a sigAed original u applican! et dceasee for ~ of notification of cancellation. of Ne finan©al instrument obtained to dxommiationing teem based on n fiaenefd test ma be used i[ the (cal Tba aunty method or insurance satisfy the requfrements et pnragroph (0 Y must be payable to a twat established of this section. guarantee and tact eta as contained in for dewmmissioning costs. The trustee appendix C of This part, A guaantee by sad trust must be acceptable to the the applicnat er liuasaa may not ba Commission. An accepuble trustee used in wmbiaa4en with any other includes en appteprfa4 Slate or Federal financial methods to satisfy the govemment agency or an entity which requirements of this section or in any has the authority to Bet as a trustee and sitttatien where ehs applicant oc whose trust aperalions src regulated (!1 Financial auurence for licnnsoe hen a parent company holding and ezamined by a Federal or State majorit control of the voti decommissioning must be provided'by Y ttg stack of agency. the eempufy. Any surer method or (iii The sure( one or more of the following methods: insurence used to pmvi ye I y method or insurance (1) Prepayment. Prepayment is the d Saantral must remain in effect until the asstueaee far dewmmission[ng must ~ Commission has terminated the license. deposit prior to the start at operation matsia tba following cenditiense m into en account segregated from licensee g assets and outside the licensee's o°, administrative control of cash or liquid LL assert such that the amount of funds „ r~ would be su(lc{ent to pay decomdissioning coats. Prepayment may be in the Form aF a tmst escrow account, government fund, certificate of deposit. or deposit of govemment securities. 1 30-13 September 29, 1995