§16.17. Procedures upon Congressional authorization of takeover.
18 C.F.R. § 16.17
If Congress authorizes the takeover of a hydroelectric power project as provided under section 14 of the Federal Power Act:
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
The licensee must present any claim for compensation to the Commission:
Within six months of issuance of the notice of takeover; and
As provided in section 14 of the Federal Power Act.
Notes, amendments, and revision history
Authority
Authority: 16 U.S.C. 791a-825r, 2601-2645; 42 U.S.C. 7101-7352.
Source
Source: Order 513, 54 FR 23806, June 2, 1989, unless otherwise noted.