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42 U.S.C. § 2294Authorization for sale or lease of uranium and plutonium; amounts; lien for nonpayment; uranium enrichment services

submitted 68 years ago by Pub. L. 85-846 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 200 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about authorization for sale or lease of uranium and plutonium; amounts; lien for nonpayment; uranium enrichment services. It states the duties, permissions, limits, exceptions, and other details that apply to that subject.

under the provisions of section 2074 of this title, there is hereby authorized for sale or lease to the Community— an amount of contained uranium 235 which does not exceed that necessary to support the fuel cycle of power reactors located within the Community having a total installed capacity of thirty-five thousand megawatts of electric energy, together with twenty-five thousand kilograms of contained uranium 235 for other purposes; one thousand five hundred kilograms of plutonium; and thirty kilograms of uranium 233; under the provisions of an agreement or agreements for cooperation between the Government of the United States and the Community entered into under the provisions of section 2153 of this title: Provided, That the Government of the United States obtains the equivalent of a first lien on any that material sold to the Community for which payment is not made in full when transfer. The Commission may enter into contracts to provide, after December 31, 1968, for the producing or enriching of all, or part of, the above-mentioned contained uranium 235 under the provisions of section 2201(v)(B) of this title in lieu of sale or lease of it.
the actual law source: uscode.house.gov ↗public domain

Pursuant to the provisions of section 2074 of this title, there is hereby authorized for sale or lease to the Community—

an amount of contained uranium 235 which does not exceed that necessary to support the fuel cycle of power reactors located within the Community having a total installed capacity of thirty-five thousand megawatts of electric energy, together with twenty-five thousand kilograms of contained uranium 235 for other purposes;

one thousand five hundred kilograms of plutonium; and

thirty kilograms of uranium 233;

in accordance with the provisions of an agreement or agreements for cooperation between the Government of the United States and the Community entered into pursuant to the provisions of section 2153 of this title: Provided, That the Government of the United States obtains the equivalent of a first lien on any such material sold to the Community for which payment is not made in full at the time of transfer. The Commission may enter into contracts to provide, after December 31, 1968, for the producing or enriching of all, or part of, the above-mentioned contained uranium 235 pursuant to the provisions of section 2201(v)(B) of this title in lieu of sale or lease thereof.

Source credit: (Pub. L. 85–846, § 5, Aug. 28, 1958, 72 Stat. 1085; Pub. L. 87–206, § 19, Sept. 6, 1961, 75 Stat. 479; Pub. L. 88–394, § 5, Aug. 1, 1964, 78 Stat. 376; Pub. L. 90–190, § 13, Dec. 14, 1967, 81 Stat. 578; Pub. L. 93–88, Aug. 14, 1973, 87 Stat. 296.)

history & why it existsrecord from the source credit
  • 1958Enacted · Pub. L. 85-846 · 72 Stat. 1085
  • 1961Amended · Pub. L. 87-206 · 75 Stat. 479
  • 1964Amended · Pub. L. 88-394 · 78 Stat. 376
  • 1967Amended · Pub. L. 90-190 · 81 Stat. 578
  • 1973Amended · Pub. L. 93-88 · 87 Stat. 296

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-846 on 1958-08-28.

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