18 CFR 367.4116 - Account 411.6, Gains from disposition of service company plant.

Regulations last checked for updates: May 14, 2024

Title 18 - Conservation of Power and Water Resources last revised: Mar 08, 2024

View all text of Subpart H [§ 367.4000 - § 367.4320]

§ 367.4116 - Account 411.6, Gains from disposition of service company plant.

(a) The service company must record in this account gains resulting from the settlement of asset retirement obligations related to service company plant in accordance with the accounting prescribed in General Instructions in § 367.22.

(b) Income taxes relating to losses, recorded in this account must be recorded in Account 409.1, Income Taxes, operating income (§ 367.4091).

authority: 15 U.S.C. 717

source: Order 684, 71 FR 65226, Nov. 7, 2006, unless otherwise noted.

cite as: 18 CFR 367.4116