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42 U.S.C. § 2076 — Guaranteed purchase prices

submitted 80 years ago by ch. 724 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 194 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Commission must establish guaranteed purchase prices for specified plutonium and uranium produced by licensed persons and delivered during the allowed periods. Prices must be nondiscriminatory and may not exceed the estimated reactor-fuel value.

The Commission must establish guaranteed purchase prices for plutonium produced in a nuclear reactor by a person licensed under section 2134 of this title and delivered to the Commission before January 1, 1971 . The Commission must also establish for such periods of time as it may consider necessary, but not to exceed ten years as to any such period, guaranteed purchase prices for uranium enriched in the isotope 233 produced in a nuclear reactor by a person licensed under section 2133 or section 2134 and delivered to the Commission within the period of the guarantee. Guaranteed purchase prices established under the authority of this section must not exceed the Commission’s determination of the estimated value of plutonium or uranium enriched in the isotope 233 as fuel in nuclear reactors, and such prices must be established on a nondiscriminatory basis: Provided , That the Commission may establish such guaranteed purchase prices only for such plutonium or uranium enriched in the isotope 233 as the Commission must determine is produced through the use of special nuclear material which was leased or sold by the Commission under section 2073 of this title .

the actual law source: uscode.house.gov ↗public domain

The Commission shall establish guaranteed purchase prices for plutonium produced in a nuclear reactor by a person licensed under section 2134 of this title and delivered to the Commission before January 1, 1971. The Commission shall also establish for such periods of time as it may deem necessary, but not to exceed ten years as to any such period, guaranteed purchase prices for uranium enriched in the isotope 233 produced in a nuclear reactor by a person licensed under section 2133 or section 2134 and delivered to the Commission within the period of the guarantee. Guaranteed purchase prices established under the authority of this section shall not exceed the Commission’s determination of the estimated value of plutonium or uranium enriched in the isotope 233 as fuel in nuclear reactors, and such prices shall be established on a nondiscriminatory basis: Provided, That the Commission is authorized to establish such guaranteed purchase prices only for such plutonium or uranium enriched in the isotope 233 as the Commission shall determine is produced through the use of special nuclear material which was leased or sold by the Commission pursuant to section 2073 of this title.

Source credit: (Aug. 1, 1946, ch. 724, title I, § 56, as added Aug. 30, 1954, ch. 1073, § 1, 68 Stat. 931; amended Pub. L. 88–489, § 11, Aug. 26, 1964, 78 Stat. 605; Pub. L. 91–560, § 2, Dec. 19, 1970, 84 Stat. 1472; renumbered title I, Pub. L. 102–486, title IX, § 902(a)(8), Oct. 24, 1992, 106 Stat. 2944.)

history & why it existsrecord from the source credit
  • 1946Enacted · Act of Aug. 1, 1946, ch. 724 · 68 Stat. 931
  • 1964Amended · Pub. L. 88-489 · 78 Stat. 605
  • 1970Amended · Pub. L. 91-560 · 84 Stat. 1472
  • 1992Amended · Pub. L. 102-486 · 106 Stat. 2944

A history note hasn’t been published yet. The record shows enactment by ch. 724 on 1946-08-01.

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