EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations prescribe the particulars that must be included in the insurance certificate (otherwise known as the Certificate of Financial Security) to be provided when nuclear matter is transported out of the United Kingdom.
The requirement to provide a Certificate applies to operators of nuclear sites licensed under the Nuclear Installations Act 1965 (“the Act”). The Act is prospectively amended by the Nuclear Installations (Liability for Damage) Order 2016 (S.I. 2016/562) so as to extend the nuclear liability regime to certain waste disposal sites (see section 7B of the amended Act). The operators of such sites are now also required to provide a Certificate (see section 21 of the amended Act).
These Regulations, which revoke and replace regulations made in 1965 and 1969, come into force when the amendments to the Act come fully into force.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.