---
kind: "section"
citation: "49 C.F.R. § 1011.5"
title: "49"
number: "1011.5"
heading: "Employee boards."
url: "https://uscodex.org/cfr/49/1011.5"
---

# §1011.5. Employee boards.


This section covers matters assigned to the Accounting Board, a board of employees of the Board.

- (a) **The Accounting Board has authority—**
  - (1) To permit departure from general rules prescribing uniform systems of accounts for carriers and other persons under the Interstate Commerce Act, and from the regulations governing accounting and reporting forms;
  - (2) To prescribe rates of depreciation to be used by railroad and water carriers;
  - (3) To issue special authorizations permitted by the regulations governing the destruction of records of carriers subject to the Interstate Commerce Act; and
  - (4) To grant extensions of time for filing annual, periodic, and special reports in matters that do not involve taking testimony at a public hearing or the submission of evidence by opposing parties in the form of affidavits.
- (b) The board may certify any matter assigned to it to the Board.

## Notes

### Authority

Authority: 5 U.S.C. 553; 31 U.S.C. 9701; 49 U.S.C. 1301, 1321, 11123, 11124, 11144, 14122, and 15722. Link to an amendment published at 91 FR 53366, Aug. 18, 2026.

### Source

Source: 67 FR 60167, Sept. 25, 2002, unless otherwise noted.