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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 18 - Conservation of Power and Water Resources |
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Chapter I - Federal Energy Regulatory Commission, Department of Energy |
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SubChapter B - Regulations Under the Federal Power Act |
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Part 16 - Procedures Relating to Takeover and Relicensing of Licensed Projects |
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Subpart C - Takeover Provisions for Projects Subject to Sections 14 and 15 of the Federal Power Act |
§ 16.17 - Procedures upon Congressional authorization of takeover.
Latest version.
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§ 16.17 Procedures upon Congressional authorization of takeover.
If Congress authorizes the takeover of a hydroelectric power project as provided under section 14 of the Federal Power Act:
(a) 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
(b) The licensee must present any claim for compensation to the Commission:
(1) Within six months of issuance of the notice of takeover; and
(2) As provided in section 14 of the Federal Power Act.