REGDOC-3.3.1 - Financial Guarantees for Decommissioning of Nuclear Facilities and Termination of Licensed Activities

Financial guarantees for decommissioning of nuclear facilities and termination of licensed
activities are implemented in accordance with the Nuclear Safety and Control Act (NSCA) and
the regulations made under the NSCA.
Applicants and licensees are required to make adequate provision for the safe decommissioning
of existing or proposed new nuclear facilities by ensuring that sufficient financial resources are
available to fund all approved decommissioning activities should the licensee not be able to fulfill
its obligations. Operationally, the Commission may also require that financial resources be
available for termination of licensed activities other than for decommissioning of nuclear
facilities.
This document provides requirements and guidance to applicants and licensees regarding the
establishment and maintenance of funding for the decommissioning of facilities and termination
of activities licensed by the Canadian Nuclear Safety Commission (CNSC).