[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: 18CFR16.26]

[Page 225]
 
           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 F_Procedural Matters
 
Sec. 16.26  Disposition of a project for which no timely application is 
filed following a notice of intent not to file.

    (a) If an existing licensee indicates in the notice filed pursuant 
to Sec. 16.6 that it will not file an application for new license, 
nonpower license, subsequent license, or exemption and no other 
applicant files an application at least 24 months before the existing 
license expires in the case of licenses subject to sections 14 and 15 of 
the Federal Power Act, or by the deadlines specified in Sec. 16.20(c) 
in the case of licenses not subject to sections 14 and 15 of the Federal 
Power Act, the Director of the Office of Energy Projects will provide 
the existing licensee with written notice that no timely applications 
for the project have been filed.
    (b) The existing licensee, within 90 days from the date of the 
written notice provided in paragraph (a), must file a schedule for the 
filing of a surrender application for the project for the approval of 
the Director of the Office of Energy Projects.
    (c) Any application for surrender must be filed according to the 
approved schedule, must comply with the requirements of Sec. 16.8 and 
part 6 of this chapter, and must provide for disposition of any project 
facility.