§ 612.3. Definitions.
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/us/cfr/t10/s§ 612.3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Award period means the period beginning with the first day of the award year for which the owner/operator has been awarded credits up to and including the last day of the fourth award year thereafter. Award year means a 12-month period beginning on the effective date of the award of credits and each anniversary thereof during the award period. CNC program means the civil nuclear credit program established by the Secretary pursuant to section 40323 of the Infrastructure Investment and Jobs Act (Pub. L. 117-58) codified at 42 U.S.C. 18753.
Credits means the credits awarded to an owner/operator of a nuclear reactor projected to cease operations due to economic factors and certified by the Department as part of the CNC program. Department means the Department of Energy. Nuclear reactor means a nuclear power reactor unit with respect to which an owner/operator has been awarded credits pursuant to the civil nuclear credit program. Owner/operator means the owner or operator of a nuclear reactor that has been awarded credits pursuant to the civil nuclear credit program.
Secretary means the Secretary of Energy.
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