What is the requirement for obtaining a license to operate a nuclear facility?
The operator of a nuclear facility must maintain insurance or provide another financial guarantee, either for an amount of 450 million SDRs or as determined by the Authority in accordance with the provisions of Paragraph 2 of Article 5 from the Decree by Law. This is required to cover the liability on a single nuclear accident as stated in Federal Decree by Law No. 4 of 2012 Concerning the Civil Liability for Nuclear Damage. The alternative insurance or guarantee must also meet the form and provisions set by the Authority.