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LAW OF UKRAINE

of December 13, 2001 No. 2893-III

About the civil responsibility for nuclear damage and its financial provision

This Law governs the relations on the civil responsibility for nuclear damage, the procedure for compensation of the damage caused by nuclear incident is established, methods of financial provision of the civil responsibility and its limits are determined.

Section I. GENERAL PROVISIONS

Article 1. Determination of terms

1. In this Law the terms "the operating organization", "operator of nuclear installation" (further - the operator), "nuclear installation", "nuclear material", "nuclear damage" are used in the value determined in the Law of Ukraine "About use of nuclear energy and radiation safety".

2. Other terms in this Law are used in the following value:

Special drawing rights - the unit of account determined by the International Monetary Fund and used when implementing by it of own transactions and agreements;

the agreement on compensation of nuclear damage - the agreement signed between person to whom the nuclear damage, by the operator responsible for its causing, and the insurer (other financial guarantor) about compensation of nuclear damage by the operator is caused.

Article 2. The legislation on the civil responsibility for nuclear damage and its financial provision

1. This Law governs the relations on the civil responsibility for the nuclear damage caused by nuclear incident and to financial provision of such responsibility. Regulations of civil, nuclear, civil and procedural and other legislation of Ukraine are applied to the relations which are not settled by this Law.

2. Regulations of this Law are special concerning all other laws of Ukraine governing the relations in this sphere.

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