[Code of Federal Regulations]
[Title 33, Volume 2]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 33CFR148.111]

[Page 185-186]
 
                TITLE 33--NAVIGATION AND NAVIGABLE WATERS
 
   CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED)
 
PART 148--GENERAL--Table of Contents
 
                         Subpart B--Applications
 
Sec. 148.111  Optional procedures.

    (a) Consolidated statements. Applicants and affiliates may elect to 
supply required information consolidated in accordance with generally 
accepted accounting principles, if and to the extent that consolidated 
statements or reports are filed with the Interstate Commerce Commission, 
the Securities and Exchange Commission, or the Federal Energy 
Administration, but if those filings are also made or required to be 
made by line of business or other classifications, the application shall 
be prepared on the same basis. An election under this paragraph is 
subject to the authority of the Secretary to require supplemental 
information, pursuant to Sec. 148.109(z).
    (b) Direct submissions by affiliates. If any affiliate has reason to 
believe that it or its business or property would be prejudiced by 
furnishing information required from it to the applicant, the affiliate 
may file the required information directly with the clerk. The 
information must be enclosed in a sealed envelope bearing on the outside 
the names of the applicant and affiliate and the date or anticipated 
date of the application. If any claim of privilege or confidentiality is 
asserted with respect

[[Page 186]]

to the contents, the procedure specified in Sec. 148.219(c) or (d) must 
be followed.