18 C.F.R. § 16.17   Procedures upon Congressional authorization of takeover.


Title 18 - Conservation of Power and Water Resources


Title 18: Conservation of Power and Water Resources
PART 16—PROCEDURES RELATING TO TAKEOVER AND RELICENSING OF LICENSED PROJECTS
Subpart C—Takeover Provisions for Projects Subject to Sections 14 and 15 of the Federal Power Act

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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.

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