[Federal Register Volume 61, Number 105 (Thursday, May 30, 1996)]
[Notices]
[Page 27061]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-13553]
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DEPARTMENT OF ENERGY
[Docket No. ER96-1516-000]
SEMCOR, Inc.; Notice of Issuance of Order
May 23, 1996.
On April 8, 1996, SEMCOR, Inc. (SEMCOR) submitted for filing a rate
schedule under which SEMCOR will engage in wholesale electric power and
energy transactions as a marketer. SEMCOR also requested waiver of
various Commission regulations. In particular, SEMCOR requested that
the Commission grant blanket approval under 18 CFR Part 34 of all
future issuances of securities and assumptions of liability by SEMCOR.
On May 8, 1996, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulation, granted
requests for blanket approval under Part 34, subject to the following:
Within thirty days of the date of the order, any person desiring to
be heard or to protest the blanket approval of issuances of securities
or assumptions of liability by SEMCOR should file a motion to intervene
or protest with the Federal Energy Regulatory Commission, 888 First
Street, NE., Washington, DC 20426, in accordance with Rules 211 and 214
of the Commission's Rules of Practice and Procedures (18 CFR 385.211
and 385.214).
Absent a request for hearing within this period, SEMCOR is
authorized to issue securities and assume obligations or liabilities as
a guarantor, indorser, surety, or otherwise in respect of any security
of another person; provided that such issuance or assumption is for
some lawful object within the corporate purposes of the applicant, and
compatible with the public interest, and is reasonably necessary or
appropriate for such purposes.
The Commission reserves the right to require a further showing that
neither public nor private interests will be adversely affected by
continued approval of SEMCOR's issuances of securities or assumptions
of liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is June 7, 1996.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, 888 First Street, NE, Washington,
DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-13553 Filed 5-29-96; 8:45 am]
BILLING CODE 6717-01-M
