Ohio Administrative Code
Title 3701:1 - Radiation Control
Chapter 3701:1-40 - Licensing of Radioactive Material
Section 3701:1-40-29 - Funds for reclamation of radioactive material

Universal Citation: OH Admin Code 3701:1-40-29

Current through all regulations passed and filed through March 18, 2024

(A) The total amount of funds the department collects, pursuant to a license for radioactive material or for any activity that results in the production of such material, for reclamation or long term maintenance and monitoring of such material shall, after November 8, 1981, be transferred to the United States if title and custody of such material and its disposal site is transferred to the United States upon termination of such license. Such funds include, but are not limited to, sums collected for long term surveillance which includes continued site observation, monitoring and, where necessary, maintenance. Such funds do not, however, include monies held as surety where no default has occurred and the reclamation or other bonded activity has been performed.

(B) The payments the department receives for reclamation or long term surveillance must, after November 8, 1981, be sufficient to ensure compliance with those standards established by the United States nuclear regulatory commission pertaining to bonds, sureties, and financial arrangements to ensure adequate reclamation and long term management of such radioactive material and its disposal site.

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