 |
Code of Federal Regulations (Last Updated: May 6, 2024) |
 |
Title 18 - Conservation of Power and Water Resources |
|
Chapter I - Federal Energy Regulatory Commission, Department of Energy |
|
SubChapter C - Accounts, Federal Power Act |
|
Part 101 - Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject to the Provisions of the Federal Power Act |
|
Subpart A - Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject to the Provisions of the Federal Power Act |
§ 429.1 - Amortization of gain on reacquired debt—Credit.
Latest version.
-
A. This account shall include the amortization of the gains realized from reacquisition of debt. Amounts credited to this account shall be charged concurrently to account 257, Unamortized Gain on Reacquired Debt.
B. This account shall be maintained so as to allow ready identification of the gains amortized applicable to each class and series of long-term debt reacquired. See General Instruction 17.