Financial security

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The administrative authority is required to fix the amount of the financial security for plants and operations where a nuclear liability pursuant to international obligations or the Atomic Energy Act is considered to meet the legal damage obligations which the applicant is required to assume. The financial security may be met by an insurance or by an indemnity or warranty obligation of a third party. The financial security sum amounts to Euro 2,500 million for reactors with an electrical output of 1,300 MW. Without prejudice to the determination of this financial security the liability of the owner of the plant is, however, unlimited.

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