Regulations last checked for updates: Feb 16, 2025

Title 10 - Energy last revised: Feb 05, 2025
§ 70.40 - Ineligibility of certain applicants.

A license may not be issued to the Corporation if the Commission determines that:

(a) The Corporation is owned, controlled, or dominated by an alien, a foreign corporation, or a foreign government; or

(b) The issuance of such a license would be inimical to—

(1) The common defense and security of the United States; or

(2) The maintenance of a reliable and economical domestic source of enrichment services.

[62 FR 6669, Feb. 12, 1997]
authority: Atomic Energy Act of 1954, secs. 51, 53, 57(d), 108, 122, 161, 182, 183, 184, 186, 187, 193, 223, 234, 274, 1701 (42 U.S.C. 2071,2073,2077,2138,2152,2201,2232,2233,2234,2236,2237,2243,2273,2282,2021,2297f; Energy Reorganization Act of 1974, secs. 201, 202, 206, 211 (42 U.S.C. 5841,5842,5846,5851; Nuclear Waste Policy Act of 1982, secs. 135, 141 (42 U.S.C. 10155,10161; 44 U.S.C. 3504 note
source: 21 FR 764, Feb. 3, 1956, unless otherwise noted.
cite as: 10 CFR 70.40