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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 42 U.S.C. § 16454 Exemption authority us united_states_code code_section 42 THE PUBLIC HEALTH AND WELFARE 149 NATIONAL ENERGY POLICY AND PROGRAMS 16454 42 U.S.C. § 16454 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip /us/usc/t42/s16454 data/legal/raw/us/code/title-42/usc42.xml 0e72b5f85c9f513dbf69122410f9a4ad6f0868971863033dfe34d6ed0a3e576c 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e 7e8060df35cac91b51ec2ec30ac1882d3d00f4e33f4208abde78b1218c24846f 2026-07-04 official
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42 U.S.C. § 16454 - Exemption authority

Text

(a) Rulemaking Not later than 90 days after the effective date of this part, the Commission shall issue a final rule to exempt from the requirements of section 16452 of this title (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 16452 of this title (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.

(Pub. L. 10958, title XII, § 1266, Aug. 8, 2005, 119 Stat. 975.)

Notes

Editorial Notes

References in TextFor the effective date of this part, referred to in subsec. (a), see Effective Date note set out under section 16451 of this title. The Public Utility Regulatory Policies Act of 1978, referred to in subsec. (a)(1), is Pub. L. 95617, Nov. 9, 1978, 92 Stat. 3117. For complete classification of this Act to the Code, see Short Title note set out under section 2601 of Title 16, Conservation, and Tables.