[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: 18CFR9.3]

[Page 173]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 9_TRANSFER OF LICENSE OR LEASE OF PROJECT PROPERTY--Table of Contents
 
Sec. 9.3  Transfer.

    (a) Approval by the Commission of transfer of a license is 
contingent upon the transfer of title to the properties under license, 
delivery of all license instruments, and a showing that such transfer is 
in the public interest. The transferee shall be subject to all the 
conditions of the license and to all the provisions and conditions of 
the act, as though such transferee were the original licensee and shall 
be responsible for the payment of annual charges which accrue prior to 
the date of transfer.
    (b) When the Commission shall have approved the transfer of the 
license, its order of approval shall be forwarded to the transferee for 
acknowledgment of acceptance. Unless application for rehearing is filed, 
or unless the order is stayed by the Commission, the order shall become 
final thirty (30) days from date of issuance and the acknowledgment of 
acceptance shall be filed in triplicate with the Commission within sixty 
(60) days from date of issuance accompanied by a certified copy of the 
deed of conveyance or other instrument evidencing transfer of the 
property under license, together with evidence of the recording thereof.

[Order 175, 19 FR 5217, Aug. 18, 1954]

                Application for Lease of Project Property