42 USC 2294 – Authorization for sale or lease of uranium and plutonium; amounts; lien for nonpayment; uranium enrichment services
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.
Terms Used In 42 USC 2294
- Commission: means the Atomic Energy Commission, as established by the Atomic Energy Act of 1954, as amended [42 U. See 42 USC 2291
- Community: means the European Atomic Energy Community (EURATOM). See 42 USC 2291
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- United States: when used in a geographical sense includes all territories and possessions of the United States, the Canal Zone and Puerto Rico. See 42 USC 2014