[Code of Federal Regulations]
[Title 18, Volume 1]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 18CFR16.17]

[Page 222]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 16_PROCEDURES RELATING TO TAKEOVER AND RELICENSING OF LICENSED 
PROJECTS--Table of Contents
 
Subpart C_Takeover Provisions for Projects Subject to Sections 14 and 15 
                        of the Federal Power Act
 
Sec. 16.17  Procedures upon Congressional authorization of takeover.

    If Congress authorizes the takeover of a hydroelectric power project 
as provided under section 14 of the Federal Power Act:
    (a) The Commission or the Director of the Office of Energy Projects 
will notify the existing licensee in writing of the authorization at 
least two years before the takeover occurs; and
    (b) The licensee must present any claim for compensation to the 
Commission:
    (1) Within six months of issuance of the notice of takeover; and
    (2) As provided in section 14 of the Federal Power Act.