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(2) The TTU owner or operator, FTU owner or operator, or a generator operating pursuant to a <br /> grant of Conditional Authorization shall adjust the closure cost estimate for inflation by March 1 <br /> of each year. The adjustment shall be made as specified in subsections (a)(2)(A) and (a)(2)(B) <br /> of this section, using an inflation factor derived from the annual Implicit Price Deflator for Gross <br /> National Product as published by the U.S. Department of Commerce in its Survey of Current <br /> Business. The inflation factor is the result of dividing the latest published annual Deflator by the <br /> Deflator of the previous year. <br /> (A) The first adjustment is made by multiplying the closure cost estimate by the inflation factor. <br /> The result is the adjusted closure cost estimate. <br /> (B) Subsequent adjustments are made by multiplying the latest adjusted closure cost estimate <br /> by the latest inflation factor. <br /> (3) The TTU owner or operator or FTU owner or operator shall revise the closure cost estimate <br /> whenever a change in the closure plan increases the cost of closure. The revised closure cost <br /> estimate shall be adjusted for inflation as specified in subsection (a)(2) of this section. The <br /> owner or operator shall maintain the following at the facility during the operating life of the <br /> facility: the latest closure cost estimate prepared in accordance with subsection (a)(1) of this <br /> section, and the latest closure cost estimate adjusted in accordance with subsection (a)(2) of <br /> this section. <br /> (4) A generator operating pursuant to a grant of Conditional Authorization shall revise the <br /> closure cost estimate whenever a change occurs that increases the cost of closure. The <br /> revised closure cost estimate shall be adjusted for inflation as specified in subsection (a)(2) of <br /> this section. The owner or operator shall maintain the following at the facility during the <br /> operating life of the facility: the latest closure cost estimate prepared in accordance with <br /> subsection (a)(1) of this section, and the latest closure cost estimate adjusted in accordance <br /> with subsection (a)(2) of this section. <br /> (5) On or after October 1, 1996, financial assurance for closure of a TTU, FTU, or treatment <br /> unit operated by a generator authorized pursuant to a grant of Conditional Authorization shall <br /> be obtained by one of the following methods: <br /> (A) a closure trust fund, as described in section 66265.143, subsection (a); <br /> (B) a surety bond guaranteeing payment into a closure trust fund, as described in section <br /> 66265.143, subsection (b); <br /> (C) a closure letter of credit, as described in section 66265.143, subsection (c); <br /> (D) closure insurance, as described in section 66265.143, subsection (d); <br /> (E) a financial test and corporate guarantee for closure, as described in section 66265.143, <br /> subsection (e); <br /> (F) Use of multiple financial mechanisms for closure costs as described in section 66265.143, <br /> subsection (f); or <br /> (G) an alternative financial mechanism for closure costs, as described in sections <br /> 66265.143, subsection (h), or subsection (c) of this section. A certificate of deposit, as <br /> described in section 3-104(2)(c) of the Uniform Commercial Code, or a savings account <br /> 2 <br />