This subchapter applies to used oil transporters required to provide evidence of financial assurance under §324.22 of this title (relating to Soil Remediation for Used Oil Handlers). This subchapter also applies to an owner or operator of a used oil transfer, processing, rerefining, and off-specification used oil burning facilities, hereinafter referred to as "used oil handlers," which are required to provide evidence of financial assurance under §324.22 of this title. This subchapter does not apply to state or federal governmental entities whose debts and liabilities are the debts and liabilities of a state or the United States. This subchapter establishes requirements and mechanisms for demonstrating financial assurance for soil remediation and automobile insurance.