Sec. 1266. EXEMPTION AUTHORITY

182 words·~1 min read·/statute-compilations/comps-10914/sec-1266

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 1266 EXEMPTION AUTHORITY **[**[42 U.S.C. 16454](/us/usc/t42/s16454)**]** ###

(a)Rulemaking Not later than 90 days after the effective date of this subtitle, the Commission shall issue a final rule to exempt from the requirements of section 1264 (relating to Federal access to books and records) any person that is a holding company, solely with respect to one or more— ####

(1)qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2601 et seq.); ####

(2)exempt wholesale generators; or ####

(3)foreign utility companies. ###

(b)Other Authority The Commission shall exempt a person or transaction from the requirements of section 1264 (relating to Federal access to books and records) if, upon application or upon the motion of the Commission— ####

(1)the Commission finds that the books, accounts, memoranda, and other records of any person are not relevant to the jurisdictional rates of a public utility or natural gas company; or ####

(2)the Commission finds that any class of transactions is not relevant to the jurisdictional rates of a public utility or natural gas company.

Connectionstraces to 2

Traces to 2 documents

U.S. Code

Citation graph

cites case law

Sec. 1266

EXEMPTION AUTHORITY

U.S.C.§ 16454

U.S.C.§ 2601

Cites 2Cited by 0 across 0 sources