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Embargoed Energy: A Comprehensive Guide to Legal Restrictions
Definition & Meaning
The term "embargoed" in the context of energy and nuclear regulation refers to a situation where the export of nuclear materials or equipment to specific countries is prohibited. This prohibition is enforced under the regulations set forth by the Nuclear Regulatory Commission (NRC). An embargoed status means that any export to these countries cannot occur under a general license and must instead be conducted under a specific license issued by the NRC, which also requires review by the Executive Branch.
Table of content
Legal Use & context
This term is primarily used in the field of energy regulation, particularly concerning nuclear materials. It is relevant in legal contexts involving export controls, international trade regulations, and national security. Individuals or organizations involved in exporting nuclear-related items must understand the implications of embargoed countries to ensure compliance with federal laws. Users can utilize legal templates from US Legal Forms to navigate the licensing process effectively.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
Example 1: A company plans to export nuclear reactor components to a country that is currently embargoed. They must apply for a specific license from the NRC and undergo an Executive Branch review before proceeding.
Example 2: An academic institution wishes to send nuclear research equipment to an embargoed nation. They must first ensure they have the appropriate licensing to avoid legal penalties. (hypothetical example)
Relevant laws & statutes
The primary regulation governing embargoed exports of nuclear materials is found in Title 10 of the Code of Federal Regulations (CFR), specifically 10 CFR 110.2. This section outlines the definitions and requirements related to the export and import of nuclear equipment and materials.
Comparison with related terms
Term
Definition
Differences
Embargoed
Prohibition on exporting to specific countries.
Requires specific licensing and review.
Sanctioned
Legal penalties imposed on countries or entities.
May involve broader economic restrictions beyond just nuclear materials.
Restricted
Limitations on certain exports based on specific criteria.
Can apply to various goods, not just nuclear materials.
Common misunderstandings
What to do if this term applies to you
If you are involved in exporting nuclear materials or equipment, first verify whether the destination country is embargoed. If it is, you will need to apply for a specific license from the NRC. Consider using US Legal Forms for templates that can assist in preparing your application. If the process seems complex, seeking professional legal advice is recommended.
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