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(a) The regulations in this subpart apply to owners and operators who treat or store hazardous waste under a standardized permit, except as provided in §267.1(b) , or §267.140(d) below.
(b) The owner or operator must:
(1) Prepare a closure cost estimate as required in §267.142 ;
(2) Demonstrate financial assurance for closure as required in §267.143 ; and
(3) Demonstrate financial assurance for liability as required in §267.147 .
(c) The owner or operator must notify the Regional Administrator if the owner or operator is named as a debtor in a bankruptcy proceeding under Title 11 (Bankruptcy), U.S. Code (See also §267.148 ).
(d) States and the Federal government are exempt from the requirements of this subpart.
[70 FR 53420 Sept. 8, 2005]