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    <abstract>The Nuclear Regulatory Commission (NRC) is amending its material control and accounting (MC&amp;A) regulations. The reporting requirements for submitting Material Balance Reports and Inventory Composition Reports are being revised to change both the frequency and timing of the reports for all licensees, except for Category I licensees. The reporting requirements for Category I facilities remain unchanged. The categorical exclusion for approving safeguards plans is being revised to specifically include approval of amendments to safeguards plans. The MC&amp;A requirements for Category II facilities are being revised to be more risk-informed. The amendments are intended to reduce unnecessary burden on licensees and the NRC without adversely affecting public health and safety.</abstract>
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        <action>Final rule.</action>
        <summary>The Nuclear Regulatory Commission (NRC) is amending its material control and accounting (MC&amp;A) regulations. The reporting requirements for submitting Material Balance Reports and Inventory Composition Reports are being revised to change both the frequency and timing of the reports for all licensees, except for Category I licensees. The reporting requirements for Category I facilities remain unchanged. The categorical exclusion for approving safeguards plans is being revised to specifically include approval of amendments to safeguards plans. The MC&amp;A requirements for Category II facilities are being revised to be more risk-informed. The amendments are intended to reduce unnecessary burden on licensees and the NRC without adversely affecting public health and safety.</summary>
        <dates>This final rule is effective on March 24, 2003.</dates>
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