(1) The maximum amount of liability in respect of each nuclear incident shall be the rupee equivalent of three hundred million Special Drawing Rights or such higher amount as the Central Government may, by notification, specify.
(2) The maximum amount of liability of an operator in respect of each nuclear incident for different categories of nuclear installation shall be as specified in the Second Schedule:
Provided that the amount of liability shall not include any interest or cost of proceedings.
(3) The Central Government may take additional measures, where necessary, if the compensation to be awarded under this Act exceeds the amount specified under sub-section (1), including seeking funds under the Convention on Supplementary Compensation for Nuclear Damage signed at Vienna on the 27th day of October, 2010 to which the Republic of India is a signatory.
Explanation.—For the purposes of this section, the expression “Special Drawing Rights” means an international reserve asset created by International Monetary Fund the value of which is determined and allocated by it to the member countries.