Sec. 7. Conditions under which certificate of public convenience and necessity may be rescinded
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Section 7 of the Natural Gas Act ( 15 U.S.C. 717f ) (as amended by section 6) is amended by adding at the end the following: A certificate of public convenience and necessity shall be rescinded on a determination by the Commission, or on a determination after a rehearing, that— the scope of the project covered by the certificate has changed materially; the rationale of public convenience and necessity by which the Commission issued the certificate has changed; or the applicant has failed to begin substantial construction on the project covered by the certificate, such that the observed delay is not consistent with a prior finding of public convenience and necessity.
If the holder of a certificate of public convenience and necessity fails to initiate substantial construction of the project covered by the certificate by the date specified by the certificate, the certificate shall be rescinded on that date. The holder of a certificate of public convenience and necessity rescinded under paragraph
(1)or
(2)may reapply for the certificate in accordance with the applicable requirements of this Act. Any certificate of public convenience and necessity that is issued by the Commission shall include the condition that title in and to any property that was acquired under subsection (h)(1) by the exercise of the right of eminent domain pursuant to a certificate of public convenience and necessity that was rescinded under paragraph
(1)or
(2)shall immediately revert to the prior property owner. .
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Sec. 7
Conditions under which certificate of public convenience and necessity may be rescinded
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