Extended Liability Act.

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.

Germany · 2017-01-27