[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: 18CFR4.20]

[Page 71]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 4_LICENSES, PERMITS, EXEMPTIONS, AND DETERMINATION OF PROJECT 
COSTS--Table of Contents
 
 Subpart C_Determination of Cost of Constructed Projects not Subject to 
                        Section 23(a) of the Act
 
Sec. 4.20  Initial statement.


    (a) Notification of Commission. In all cases where licenses are 
issued for projects already constructed, but which are not subject to 
the provisions of section 23(a) of the Act (49 Stat. 846; 16 U.S.C. 
816), the licensee shall, within 6 months after the date of issuance of 
license, file with the Commission a letter, in quadruplicate.
    (b) Contents of letter. The letter referred to in paragraph (a) of 
this section shall contain a statement to the effect that an inventory 
in detail of all property included under the license, as of the 
effective date of such license, has been completed. The letter shall 
also include a statement to the effect that actual legitimate original 
cost, or if not known, the estimated original cost, and accrued 
depreciation of the property, classified by prime accounts as prescribed 
in the Commission's Uniform System of Accounts, have been established.
    (c) Licensee's books. The licensee's books of account for each 
project shall be maintained in such a fashion that each year's 
additions, betterments, and deletions to the project may be readily 
ascertained.
    (d) Availability of information to the public. The information made 
available to the Commission in accordance with this section must be 
available for inspection and copying by the public when specifically 
requested.
    (e) Compliance with the Act. Compliance with the provisions of this 
section satisfies the filing requirements of section 4(b) of the Federal 
Power Act (16 U.S.C. 797(b)).

[Order 53, 44 FR 61949, Oct. 29, 1979]