Nuclear Energy Bill (B 10-1999)

1st January 1999

To provide for the establishment of the South African Nuclear Energy Corporation Limited, a public company wholly owned by the State (the ‘‘Corporation’’), to define the Corporation’s functions and powers and its financial and operational accountability, and provide for its governance and management by a board of directors and a chief executive officer; to provide for  responsibilities for the implementation and application of the Safeguards Agreement and any additional protocols entered into by the Republic and the International Atomic Energy Agency in support of the Nuclear Non-Proliferation Treaty acceded to by the Republic; to regulate the acquisition and possession of nuclear fuel, certain nuclear and related material and certain related equipment, as well as the importation and exportation of, and certain other acts and activities relating to, that fuel, material and equipment in order to comply with the international obligations of the Republic; to prescribe measures regarding the discarding of radioactive waste and the storage of irradiated nuclear fuel; and to provide for incidental matters.