§ 60.706. Reconstruction.
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/us/cfr/t40/s§ 60.706·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)For purposes of this subpart “fixed capital cost of the new components,” as used in § 60.15, includes the fixed capital cost of all depreciable components which are or will be replaced pursuant to all continuous programs of component replacement which are commenced within any 2-year period following June 29, 1990. For purposes of this paragraph, “commenced” means that an owner or operator has undertaken a continuous program of component replacement or that an owner or operator has entered into a contractual obligation to undertake and complete, within a reasonable time, a continuous program of component replacement.
(b)[Reserved]
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§ 60.706
Reconstruction.
Fed. Reg.×1
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