[Code of Federal Regulations]
[Title 10, Volume 1]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 10CFR15.29]

[Page 289]
 
                            TITLE 10--ENERGY
 
                CHAPTER I--NUCLEAR REGULATORY COMMISSION
 
PART 15--DEBT COLLECTION PROCEDURES--Table of Contents
 
             Subpart B--Administrative Collection of Claims
 
Sec. 15.29  Suspension or revocation of license.

    The NRC may suspend or revoke any license or approval which the NRC 
has granted to the debtor for any inexcusable, prolonged, or repeated 
failure of the debtor to pay a delinquent debt. Before suspending or 
revoking any license or approval for failure to pay a debt, the NRC 
shall issue to the debtor (by either registered or certified mail) an 
order or a demand for information as to why the license or other 
privilege should not be suspended or revoked. The NRC shall allow the 
debtor no more than 30 days to pay the debt in full, including 
applicable interest, penalties, and administrative costs of collection 
of the delinquent debt. The NRC may suspend or revoke the license or 
approval at the end of this period. If a license is revoked under 
authority of this part, a new application, with appropriate fees, must 
be made to the NRC. The NRC may not consider an application unless all 
previous delinquent debts of the debtor to the NRC have been paid in 
full.

[57 FR 4153, Feb. 4, 1992]