§ 1.57 - Circulation and voting of petitions for forbearance.  


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  • § 1.57 Circulation and voting of petitions for forbearance.

    (a) If a petition for forbearance includes novel questions of fact, law or policy which cannot be resolved under outstanding precedents and decisions, the Chairman Chairperson will circulate a draft order no later than 28 days prior to the statutory deadline, unless all Commissioners agree to a shorter period.

    (b) The Commission will vote on any circulated order resolving a forbearance petition not later than seven days before the last day that action must be taken to prevent the petition from being deemed granted by operation of law.

    [74 FR 39227, Aug. 6, 2009, as amended at 88 FR 21433, Apr. 10, 2023]