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This enactment implements a key component of the Government of
Canada's 1996 Policy Framework for Radioactive Waste - that the
federal government, through effective oversight, would ensure that the
long-term management of radioactive waste is carried out in a
comprehensive, integrated and economically sound manner. The key
elements of the enactment include
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(a) requiring the major owners of nuclear fuel waste to establish a
waste management organization (referred to in this Summary as the
``WMO'') to carry out the managerial, financial and operational
activities to implement the long-term management of nuclear fuel
waste;
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(b) requiring the major owners of nuclear fuel waste to establish trust
funds and to make annual payments into those trust funds to finance
the long-term management of nuclear fuel waste; and
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(c) authorizing the Governor in Council to make a decision on the
choice of approach for long-term management of nuclear fuel waste
for Canada to be implemented by the WMO.
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The enactment also requires that the WMO carry out public
consultations, that the WMO's study and reports (which are submitted
to the Minister) be made public, that the WMO establish an Advisory
Council, whose comments on the WMO's study and reports are made
public, and that the Minister make public statements on all of the
WMO's reports.
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