1. (1) The regulations of this section apply to hazardous wastes that are reclaimed to recover economically significant amounts of gold, silver, platinum, palladium, iridium, osmium, rhodium, ruthenium, or any combination of these. These hazardous wastes will be referred to throughout this section as recyclable materials.

2. (2) Persons who generate, transport or store recyclable materials that are regulated under this section are subject to the following requirements:

   1. (i) notification requirements under Part 372 of this Title;
   2. (ii) section 372.2(b) (for generators), section 372.3 (for transporters), and section 373-3.5(b) (for persons who store) of this Title; and
   3. (iii) for precious metals exported to or imported from designated OECD member countries for recovery, section 372.5(h) of this Title. For precious metals exported to or imported from non-OECD countries for recovery, section 372.5 of this Title.

3. (3) Persons who store recyclable materials that are regulated under this section must keep the following records to document that they are not accumulating these materials speculatively (as defined in section 371.1[a] of this Title):

   1. (i) the volume of recyclable materials stored at the beginning of the calendar year;
   2. (ii) the amount of recyclable materials generated or received during the calendar year; and
   3. (iii) the amount of recyclable materials remaining at the end of the calendar year.
4. (4) Recyclable materials regulated under this section that are accumulated speculatively (as defined in section 371.1[a] of this Title) are subject to all applicable provisions of Parts 372 and 373 of this Title.

(a) Applicability and requirements.