THE INTERNATIONAL NUCLEAR LIABILITY LAW, THE 1997

The international nuclear liability law, the 1997 Convention on Supplementary Compensation for Nuclear Damage (CSC), establishes a two-tier compensation mechanism. First, liability is strictly and exclusively channelled to the nuclear operator (CSC, Annexe, Article 3). The operator’s liability is capped at a minimum of 300 million Special Drawing Rights (SDRs) per nuclear incident. It must be backed by mandatory insurance or other financial security

Articles 4 and 5). It is the responsibility of the Installation State to ensure the availability of 300 million SDRs 

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