What Are Regulated Entities? A Comprehensive Legal Overview

Definition & Meaning

The term regulated entities refers to individuals, organizations, or corporations that fall under the regulatory authority of the Nuclear Regulatory Commission (NRC). This includes anyone applying for or holding a standard design approval or certification related to nuclear energy, as outlined in the regulations of Title 10 of the Code of Federal Regulations.

Table of content

Real-world examples

Here are a couple of examples of abatement:

For instance, a company seeking to build a new nuclear power plant would be considered a regulated entity as it must obtain the necessary approvals from the NRC before proceeding. Additionally, a research facility conducting experiments with nuclear materials would also fall under this category, requiring compliance with NRC regulations. (hypothetical example)

Comparison with related terms

Term Definition Difference
Licensee An individual or entity that holds a license from the NRC. All licensees are regulated entities, but not all regulated entities are licensees.
Applicant A person or organization seeking approval from the NRC. Applicants are a subset of regulated entities, specifically those in the process of obtaining approval.

What to do if this term applies to you

If you believe you are a regulated entity, it is crucial to familiarize yourself with NRC regulations. Ensure that you complete all necessary applications and maintain compliance with safety standards. Utilizing US Legal Forms can provide you with the legal templates needed to navigate these requirements effectively. If your situation is complex, consider consulting a legal professional for tailored advice.

Quick facts

Attribute Details
Regulatory Body Nuclear Regulatory Commission (NRC)
Typical Fees Varies based on application type
Compliance Requirements Ongoing reporting and safety compliance

Key takeaways

Frequently asked questions

Any individual or organization that is subject to NRC regulations, including applicants for nuclear design approvals.