[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: 18CFR6.4]

[Page 171]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 6_SURRENDER OR TERMINATION OF LICENSE--Table of Contents
 
Sec. 6.4  Termination by implied surrender.

    If any licensee holding a license subject to the provisions of 
section 10(i) of the Act shall cause or suffer essential project 
property to be removed or destroyed, or become unfit for use, without 
replacement, or shall abandon, or shall discontinue good faith operation 
of the project for a period of three years, the Commission will deem it 
to be the intent of the licensee to surrender the license; and not less 
than 90 days after public notice may in its discretion terminate the 
license.

[Order 141, 12 FR 8491, Dec. 19, 1947]