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GLOSSARY
Risk Management Accredited Document Set: The set of documents used by ONR and other Government Agencies (e.g. the Ministry of Defence) to accredit networks to hold sensitive HMG information.
GLOSSARY
Residential mortgage backed securities—debt secured by a pool of residential mortgages.
NEWS
The Refugee and Migrant Children’s Consortium (RMCC) has published a briefing titled ‘Benchmarks and Borders’ on the government's proposal to use facial age estimation (FAE) technology for assessing the age of unaccompanied asylum seekers. The briefing warns that reliance on FAE could lead to children being mistakenly treated as adults, affecting their access to appropriate services and protection.
GLOSSARY
Radioactive Materials Transport Team: Unit within Government which has control over issues relating to the transport and movement of nuclear material by road and rail throughout Great Britain. Also adopts an advisory road where radioactive material is transported by sea or air in the UK. RMTT was formerly part of DfT, but it was transferred to ONR in October 2011, principally to ensure that the Secretary of State at DECC (now BEIS) is the “competent authority” for matters concerning the transport of radioactive material.
RNS
GLOSSARY
See Regulatory News Service.
RO
GLOSSARY
Reliability Option (also can be Renewables Obligation)
ROA
GLOSSARY
Report of Assessment: a written report sent to the ONR under REPPIR at least 12 months before commencement of work concluding whether a Radiation Emergency is reasonably foreseeable and whether an off-site emergency plan is needed.
PRACTICE NOTES
What is a ROCTMA? Renewables Obligation Certificates (ROCs) (see Practice Note: Renewables Obligation (RO) scheme—key features) in the UK are traded through a bilateral market. There is no prescribed form regarding trades. However, the ROC Trading Master Agreement (ROCTMA) has established itself as a standard form of ROC trading document, and is widely used by renewable electricity generators, electricity suppliers and ROC traders to document a bilateral agreement regarding the sale and purchase of ROCs. Although the Renewables Obligation is closed to new generating stations, ROCTMAs continue to be used in relation to accredited generating stations that remain eligible to receive ROCs. However, the volume of ROC trading is expected to reduce over time as generating stations cease to receive support under the Renewables Obligation regime and the market transitions towards alternative support mechanisms. A copy of the ROCTMA, published in March 2005 by the Futures and Options Association (now known as the FIA (which originally stood for Futures Industry Association)), is publicly available on the FIA website: Renewables Obligation Certificate Trading
GLOSSARY
Renewables Obligation Certificate: A Green Energy Certificate issued to an accredited generator for eligible renewable electricity generated within the United Kingdom and supplied to customers within the United Kingdom by a licensed electricity supplier. Suppliers meet their obligations under the Renewables Obligation by presenting sufficient Renewables Obligation Certificates. Where suppliers do not have sufficient ROCs to meet their obligations, they must pay an equivalent amount into a fund, the proceeds of which are paid back on a pro-rated basis to those suppliers that have presented ROCs.
RP
GLOSSARY
Reactor Physicist
RPA
GLOSSARY
Radiation Protection Advisor
NEWS
The Rural Payments Agency (RPA) has launched a consultation, seeking views on a new proposed regulatory approach and the use of civil sanctions for hedgerow management, as outlined in the draft statutory guidance, as well as the RPA’s proposed enforcement mechanisms for these regulations. This consultation closes on 10 December 2024.