PUBLIC LAW 104-134—APR. 26, 1996 110 STAT. 1321-338
Corporation (including a director) continuously during the 45 days
prior to the privatization date.
(d) DISSOLUTION.—In the event that the privatization does not
occur, the Corporation will provide for the dissolution of the private
corporation within 1 year of the private corporation's incorporation
unless the Secretary of the Treasury or his delegate, upon the
Corporation's request, agrees to delay any such dissolution for an
additional year.
SEC. 3106. TRANSFERS TO THE PRIVATE CORPORATION.
Concurrent with privatization, the Corporation shall transfer
to the private corporation—
(1) the lease of the gaseous diffusion plants in accordance
with section 3107,
(2) all personal property and inventories of the Corporation,
(3) all contracts, agreements, and leases under section
3108(a),
(4) the Corporation's right to purchase power from the
Secretary under section 3108(b),
(5) such funds in accounts of the Corporation held by
the Treasury or on deposit with any bank or other financial
institution as approved by the Secretary of the Treasury, and
(6) all of the Corporation's records, including all of the
papers and other documentary materials, regardless of physical
form or characteristics, made or received by the Corporation.
SEC. 3107. LEASING OF GASEOUS DIFFUSION FACILITIES.
(a) TRANSFER OF LEASE.— Concurrent with privatization, the
Corporation shall transfer to the private corporation the lease of
the gaseous diffusion plants and related property for the remainder
of the term of such lease in accordance with the terms of such
lease.
(b) RENEWAL. —The private corporation shall have the exclusive
option to lease the gaseous diffusion plants and related property
for additional periods following the expiration of the initial term
of the lease.
(c) EXCLUSION OF FACILITIES FOR PRODUCTION OF HIGHLY
ENRICHED URANIUM. —The Secretary shall not lease to the private
corporation any facilities necessary for the production of highly
enriched uranium but may, subject to the requirements of the
Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.), grant the
Corporation access to such facilities for purposes other than the
production of highly enriched uranium.
(d) DOE RESPONSIBILITY FOR PREEXISTING CONDITIONS. — The
payment of any costs of decontamination and decommissioning,
response actions, or corrective actions with respect to conditions
existing before July 1, 1993, at the gaseous diffusion plants shall
remain the sole responsibility of the Secretary.
(e) ENVlRONMENTi^iJ. AuDlT.— For purposes of subsection (d),
the conditions existing before July 1, 1993, at the gaseous diffusion
plants shall be determined from the environmental audit conducted
pursuant to section 1403(e) of the Atomic Energy Act of 1954
(42 U.S.C. 2297c-2(e)).
(f) TREATMENT UNDER PRICE-ANDERSON PROVISIONS. —Any
lease executed between the Secretary and the Corporation or the
private corporation, and any extension or renewal thereof, under
this section shall be deemed to be a contract for purposes of section
170d. of the Atomic Energy Act of 1954 (42 U.S.C. 2210(d)).
42 USC 2297h-4.
Records.
42 USC 2297h-5.
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