Delegations of Authority, 5171-5174 [E7-1737]

Download as PDF mstockstill on PROD1PC66 with RULES Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Rules and Regulations requirement may apply only to sales, only to purchases, or to both sales and purchases. Quarterly reports for a year may be required retroactively when it is determined that the exemption level has been exceeded. (2) Voluntary reporting. Reports are requested from each U.S. person that had sales of covered services or intangible assets to foreign persons that were $6 million or less for the previous fiscal year and are expected to be less than or equal to that amount during the current fiscal year, or had purchases of covered services or intangible assets from foreign persons that were $4 million or less for the previous fiscal year and are expected to be less than or equal to that amount during the current fiscal year. Provision of this information is voluntary. The estimates may be based on recall, without conducting a detailed records search. Because these thresholds apply separately to sales and purchases, voluntary reporting may apply only to sales, only to purchases, or to both. (B) Any person receiving a BE–125 survey form from BEA must complete all relevant parts of the form and return the form to BEA. A person that is not subject to the mandatory reporting requirement in paragraph (c)(6)(i)(A)(1) of this section and is not filing information on a voluntary basis must complete Parts 1 and 2 of the survey. This requirement is necessary to ensure compliance with the reporting requirements and efficient administration of the survey by eliminating unnecessary follow-up contact. (C) Covered services and intangible assets. The BE–125 survey is intended to collect information on U.S. international trade in all types of services and intangible assets for which information is not collected in other BEA surveys and is not available to BEA from other sources. The major types of services transactions not covered by the BE–125 survey are travel, transportation, insurance (except for purchases of primary insurance), financial services (except for purchases by non-financial firms), and expenditures by students and medical patients who are studying or seeking treatment in a country different from their country of residence. Covered services are: Advertising services; accounting, auditing, and bookkeeping services; auxiliary insurance services; computer and data processing services; construction services; data base and other information services; educational and training services; engineering, architectural, and surveying services; financial services (purchases only, by VerDate Aug<31>2005 14:24 Feb 02, 2007 Jkt 211001 companies or parts of companies that are not financial services providers); industrial engineering services; industrial-type maintenance, installation, alteration, and training services; legal services; management, consulting, and public relations services (including allocated expenses); merchanting services (sales only); mining services; operational leasing services; other trade-related services; performing arts, sports, and other live performances, presentations, and events; premiums paid on purchases of primary insurance; losses recovered on purchases of primary insurance; research, development, and testing services; telecommunications services; and other selected services. ‘‘Other selected services’’ includes, but is not limited to: Agricultural services; account collection services; disbursements to fund news-gathering costs of broadcasters; disbursements to fund news-gathering costs of print media; disbursements to fund production costs of motion pictures; disbursements to fund production costs of broadcast program material other than news; disbursements to maintain government tourism and business promotion offices; disbursements for sales promotion and representation; disbursements to participate in foreign trade shows (purchases only); employment agencies and temporary help supply services; language translation services; mailing, reproduction, and commercial art; management of health care facilities; salvage services; satellite photography and remote sensing/satellite imagery services; security services; space transport (includes satellite launches, transport of goods and people for scientific experiments, and space passenger transport); transcription services; and waste treatment and depollution services. The intangible assets covered by the BE–125 survey are rights related to: Industrial processes and products; books, compact discs, audio tapes and other copyrighted material and intellectual property; trademarks, brand names, and signatures; performances and events pre-recorded on motion picture film and television tape, including digital recording; broadcast and recording of live performances and events; general use computer software; business format franchising fees; and other intangible assets, including indefeasible rights of users. (ii) [Reserved] * * * * * [FR Doc. E7–1786 Filed 2–2–07; 8:45 am] BILLING CODE 3510–07–P PO 00000 Frm 00021 Fmt 4700 Sfmt 4700 5171 DEPARTMENT OF ENERGY Federal Energy Regulatory Commission 18 CFR Parts 35, 366, and 375 [Docket No. RM06–20–000; Order No. 691] Delegations of Authority Issued January 29, 2007. Federal Energy Regulatory Commission, DOE. ACTION: Final rule. AGENCY: SUMMARY: The Federal Energy Regulatory Commission (Commission) is amending its regulations governing delegations of authority to the Directors of the Office of Enforcement and the Office of Energy Markets and Reliability, as well as to the Commission’s Chief Accountant. These amendments will eliminate regulatory uncertainty and provide clarity regarding the authority delegated to the Office of Enforcement and the Chief Accountant. EFFECTIVE DATE: This Final Rule is effective January 29, 2007. FOR FURTHER INFORMATION CONTACT: Connie Caldwell, Office of Enforcement, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, (202) 502–6489, connie.caldwell@ferc.gov. SUPPLEMENTARY INFORMATION: Before Commissioners: Joseph T. Kelliher, Chairman; Suedeen G. Kelly, Marc Spitzer, Philip D. Moeller, and Jon Wellinghoff. 1. The Federal Energy Regulatory Commission (Commission) is amending 18 CFR Parts 35, 366, and 375 to revise its regulations governing delegations of authority to the Directors of the Office of Enforcement (OE) 1 and the Office of Energy Markets and Reliability (OEMR), as well as to the Commission’s Chief Accountant.2 These amendments will eliminate regulatory uncertainty and provide clarity regarding the authority delegated to the Office of Enforcement and the Chief Accountant. I. Background 2. The Commission has broad statutory authority to perform acts and 1 The changes to the regulations in Part 375 relate only to the Office of Enforcement and the Chief Accountant. While this rule makes certain changes to the Part 375 delegations to the Director of the Office of Markets, Tariffs, and Rates (now the Office of Energy Markets and Reliability), those changes are made merely to conform the regulations to current office structures and the responsibilities of the Office of Enforcement. The Commission anticipates issuing a rule in the future that will address other changes to Part 375. 2 The Commission’s Chief Accountant reports to the Director of Enforcement, but is delegated certain authority directly by the Commission. E:\FR\FM\05FER1.SGM 05FER1 5172 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Rules and Regulations mstockstill on PROD1PC66 with RULES make rules that are necessary or appropriate to carry out its statutory functions.3 This includes the delegation of its statutory authority to staff members on routine matters, ‘‘which in many cases represent nothing more than a ministerial judgment by the office director concerning procedural matters,’’ to allow the Commission to focus on more complex and controversial tasks.4 The Commission has delegated certain of its authority in a series of orders beginning in 1978.5 3. When the Office of Market Oversight and Investigations (OMOI), the predecessor to OE, was created in 2003, the Commission issued Order No. 632,6 which promulgated OMOI’s original delegations of authority. In Order No. 632, the Commission stated that certain delegations to the General Counsel and to the Director of the Office of Markets, Tariffs, and Rates (OMTR, now known as the Office of Energy Markets and Reliability or OEMR), were being duplicated in OMOI’s delegations. 3 See Regulations Delegating Authority, Order No. 492, 53 FR 16058 (May 5, 1988), FERC Stats. & Regs. Regulations Preambles 1986–1990 ¶ 30,814 at 31,117 & n. 2 (1988), citing 16 U.S.C. 825h (Federal Power Act), 15 U.S.C. 717o (Natural Gas Act), and 15 U.S.C. 3411 (Natural Gas Policy Act of 1978). 4 See J.R. Ferguson and Associates, 20 FERC ¶ 61,132 at p. 61,291 (1982) (footnote omitted). 5 Existing delegations of authority were promulgated in a series of rulemakings initiated in 1978. See Delegations to Various Office Directors of Certain Commission Authority, 43 FR 36433 (Aug. 17, 1978), FERC Stats. & Regs. Regulations Preambles 1977–1981 ¶ 30,016 (1978); Chief Accountant, et al., Delegation of Authority; Final Regulation, Order No. 38, 44 FR 45449 (Aug. 8, 1979), FERC Stats. & Regs. Regulations Preambles 1977–1981 ¶ 30,068 (1979), reh’g denied , 8 FERC ¶ 61,299 (1979); Delegation of the Commission’s Authority to the Directors of Office of Electric Power Regulation, Office of the Chief Accountant, and Office of Pipeline and Producer Regulation, Order No. 147, 46 FR 29700 (June 3, 1981), FERC Stats. & Regs. Regulations Preambles 1977–1981 ¶ 30,259 (1981); Delegation of Authority, Order No. 224, 47 FR 17806 (Apr. 26, 1982), FERC Stats. & Regs. Regulations Preambles 1982–1985 ¶ 30,356 (1982); Regulations Delegating Authority, Order No. 492, 53 FR 16058 (May 5, 1988), FERC Stats. & Regs. Regulations Preambles 1986–1990 ¶ 30,814 (1988); Streamlining Commission Procedures for Review of Staff Action, Order No. 530, 55 FR 50677 (May 5, 1988), FERC Stats. & Regs. Regulations Preambles 1986–1990 ¶ 30,906 (1990), reh’g denied, Order No. 530–A, 56 FR 4719 (Feb. 6, 1991), FERC Stats. & Regs. Regulations Preambles 1991–1996 ¶ 30,914 (1991); Delegation of Authority to the Secretary, the Director of the Office of Electric Power Regulation, and the General Counsel, Order No. 585, 60 FR 62326 (Dec. 6, 1995), FERC Stats. & Regs. Regulations Preambles January 1991–June 1996 ¶ 31,030 (1995); Delegation of Authority, Order No. 613, 64 FR 73403 (Dec. 30, 1991), FERC Stats. & Regs. Regulations Preambles July 1996–December 2000 ¶ 31,087 (1999); Delegation of Authority, Order No. 632, 68 FR 25814 (May 14, 2003), FERC Stats. & Regs. Regulations Preambles 2001–2005 ¶ 31,087 (2003). 6 Delegations of Authority, Order No. 632, 68 FR 25814 (May 14, 2003), FERC Stats. & Regs. Regulations Preambles 2001–2005 ¶ 31,087 (2003). VerDate Aug<31>2005 14:24 Feb 02, 2007 Jkt 211001 4. The following year, in Order No. 650,7 the Commission revised the delegations promulgated in Order No. 632 to reflect the move of the Division of Regulatory Audits (renamed the Division of Financial Audits) from the Office of the Executive Director (OED) to OMOI. In Order No. 650, the relevant delegation provisions were added to the OMOI delegations and deleted from the OED delegations. In 2005, pursuant to another reorganization, the Regulatory Accounting policy function, as well as the Chief Accountant, were moved from OMTR to OMOI. 5. On April 17, 2006, the reorganization and renaming of OMOI as OE became effective. OE includes an administrative branch and four divisions—Investigations, Audits, Financial Regulation (for which the Chief Accountant also serves as the Division Director), and Energy Market Oversight. II. Discussion 6. Part 375, Subpart C, of the Commission’s rules and regulations sets out delegations of authority to the various office directors, such as the Directors of OMOI (now called OE) 8 and OMTR (now called OEMR),9 as well as to statutory officers such as the Chief Accountant.10 The regulations in Part 375 which are amended by this rule are found in §§ 375.303, 375.307, and 375.314, and are discussed below. 7. Section 375.314 11 includes the delegations of authority to the Director of OMOI (now OE). Amendments to this section are made to replace the former office title of Office of Market Oversight and Investigations with the title Office of Enforcement and occur in the title to § 375.314, and in the text of § 375.314(b), (c), and (d).12 8. Sections 375.314(i), (j), and (k) 13 of the current delegations to the Director of OMOI (now OE) concern auditing matters and essentially duplicate delegations formerly made to the Director of OMTR (now OEMR) at a time when auditing matters were handled in OMTR. These matters fall solely within the purview of the Director of OE. Accordingly, this rule removes § 375.307(a), (c), and (d) 14 from the 7 Delegations of Authority, 69 FR 64659 (Nov. 8, 2004), FERC Stats. & Regs. Regulations Preambles 2001–2005 ¶ 31,169 (2004). The original designation as Order No. 651 was corrected to Order No. 650 by an errata notice issued on November 12, 2004. 8 18 CFR 375.314. 9 18 CFR 375.307. 10 18 CFR 375.303. 11 18 CFR 375.314. 12 18 CFR 375.314(b), (c), and (d), respectively. 13 18 CFR 375.314(i), (j), and (k), respectively. 14 18 CFR 375.307(a), (c), and (d), respectively. PO 00000 Frm 00022 Fmt 4700 Sfmt 4700 delegations to the Director of OMTR (now OEMR). 9. The remaining amendments to the regulations, as discussed below, reflect changes in the responsibilities of the Chief Accountant which occurred when the Regulatory Accounting policy function was moved to OMOI (now OE), discussed above, as well as through delegations made by the Commission in Order Nos. 667 15 and 679.16 When the Regulatory Accounting policy function was moved to OMOI (now OE), responsibility for administering Annual Reports (FERC Form Nos. 1, 1–F, 2, 2– A, and 6) 17 and Electric Quarterly Reports (EQRs) 18 were transferred to the Chief Accountant. These, as well as all other forms, data collections, and reports administered by the Chief Accountant, assist the Commission in its review and approval of cost-based rates. The data contained in these forms, data collections, and reports serve other purposes as well. 10. In Order No. 679, among other things, the Commission created FERC– 730 (report of transmission investment activity) 19 and delegated to the Chief Accountant the authority to act on motions for extensions of time to file the newly-created FERC–730, or motions to waive the requirements applicable to those filings. However, that recent delegation is not reflected in the Chief Accountant’s delegations in 18 CFR 375.303. Instead, the delegatory language was codified as part of § 35.35(h), which comprises the regulations describing the report and the filing requirements for that report. In order to centralize all delegations to the Chief Accountant, this rule amends the regulations to add this delegation to 18 CFR 375.303, and revises § 35.35(h)(3) to remove the delegatory language therein. 11. In Order Nos. 667, among other things, the Commission created FERC Form No. 60 (Annual Report of Centralized Service Companies).20 In Order No. 667–A, the Commission 15 Repeal of the Public Utility Holding Company Act of 1935 and Enactment of the Public Utility Holding Company Act of 2005, Order No. 667, 70 FR 75592 (Dec. 20, 2005), FERC Stats. & Regs. ¶ 31,197 (2005), order on reh’g, Order No. 667–A, 71 FR 28446 (May 16, 2006), FERC Stats. & Regs. ¶ 31,213 (2006), order on reh’g, Order No. 667–B, 71 FR 42750 (July, 28, 2006), FERC Stats. & Regs. ¶ 31,224 (2006), reh’g pending. 16 Promoting Transmission Investment through Pricing Reform, Order No. 679, 71 FR 43294 (Jul. 31, 2006), 116 FERC ¶ 61,057 (2006); order on reh’g, Order No. 679–A, 117 FERC ¶ 61,345 (2006). 17 See 18 CFR 141.1, 141.2, 260.1, 260.2, and 357.2, respectively. 18 See 18 CFR 35.10b. 19 Codified at 18 CFR 35.35(h). 20 20 Order No. 667 at P 82–85; codified at 18 CFR 366.23. E:\FR\FM\05FER1.SGM 05FER1 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Rules and Regulations mstockstill on PROD1PC66 with RULES created FERC–61 (narrative description of service company functions).21 In Order No. 667–A, the Commission delegated to the Chief Accountant the authority to act on motions for extensions of time to file and requests for waiver of the requirements of FERC Form No. 60 and FERC–61.22 In Order No. 684, §§ 375.303(f) and (g) were amended to include those delegations also.23 In order to centralize all delegations to the Chief Accountant, this rule amends 18 CFR 375.303, and revises § 366.23(a)(3) to remove the delegatory language therein. 12. To summarize, currently, the Chief Accountant is authorized to: (1) Act on motions for extension of time to file Form No. 60, FERC–61, and FERC– 730; (2) act on requests for waiver of the requirements of Form Nos. 3–Q and 6– Q,24 Form No. 60, FERC–61, and FERC– 730; and (3) issue deficiency letters regarding Form Nos. 3–Q and 6–Q. The rule amends the regulations to uniformly authorize the Chief Accountant to: (1) Act on motions for extensions of time to file, (2) act on requests for waiver of the requirements of, and (3) issue deficiency letters regarding, each of the above-discussed forms, data collections, and reports (Form Nos. 1, 1–F, 2, 2–A, 6, 3–Q, 6– Q, 60; FERC–61, FERC–730; and EQRs), so that the delegated authority applicable to these forms, data collections, and reports is consistent. To effectuate this delegation, the rule amends § 375.303 by replacing existing paragraphs (f) and (g) to provide that the Chief Accountant may deny or grant, in whole or in part, motions for extension of time to file, or requests for waiver of the requirements of Annual Reports (Form Nos. 1, 1–F, 2, 2–A, and 6); Quarterly Reports (Form Nos. 3–Q and 6–Q); Annual Report of Centralized Service Companies (Form No. 60); Narrative Description of Service Company Functions (FERC–61); Report of Transmission Investment Activity (FERC–730); and EQRs, as well as, where required, the electronic filing of such information, and provide notification if one of those forms, data collections, or reports is submitted and fails to comply with applicable statutory requirements, and with all applicable 21 Order No. 667–A at P 49; codified at 18 CFR 366.23. 22 Order No. 667–A; codified at 18 CFR 366.23(a)(3). 23 Financial Accounting, Reporting and Records Retention Requirements Under the Public Utility Holding Company Act of 2005, 71 FR 65200 (Nov. 7, 2006), FERC Stats. & Regs. ¶ 31,229 (2006) at P 222–223. 24 18 CFR 141.400 (electric), 260.300 (natural gas), and 357.4 (oil), respectively. VerDate Aug<31>2005 14:24 Feb 02, 2007 Jkt 211001 Commission rules, regulations or notify a party that a submission is acceptable. 13. Further, to centralize the authority delegated to the Chief Accountant and to avoid confusion as to the responsibility for the forms, data collections, and reports discussed herein, the delegations of authority to the Director of OMTR (now OEMR) are revised by removing the parenthetical phrase in 18 CFR 375.307(h)(3) which references Form Nos. 1, 1–F, 2, 2–A, and 6, and by removing in its entirety 18 CFR 375.307(i)(8), which also references Form No. 1. III. Information Collection Statement 14. Review by the Office of Management and Budget,25 pursuant to section 3507(d) of the Paperwork Reduction Act of 1995,26 is not required since this final rule does not contain new or modified information collection or recordkeeping requirements. IV. Environmental Analysis 15. The Commission is required to prepare an Environmental Assessment or an Environmental Impact Statement for any action that may have a significant adverse effect on the human environment.27 Part 380 of the Commission’s regulations exempts certain actions from the requirement that an Environmental Analysis or Environmental Impact Statement be prepared. Included is an exemption for procedural, ministerial, or internal administrative actions.28 As this Final Rule falls within that exemption, issuance of the Rule does not represent a major federal action having a significant adverse effect on the human environment under the Commission’s regulations implementing the National Environmental Policy Act, and, thus, does not require an Environmental Analysis or Environmental Impact Statement.29 V. Regulatory Flexibility Certification 16. The Regulatory Flexibility Act of 1980 (RFA) 30 generally requires a description and analysis of Final Rules that will have significant economic impact on a substantial number of small entities. Rules that are exempt from the notice and comment requirements of section 553(b) of the Administrative 25 5 CFR 1320.11. U.S.C. 3507(d). 27 Regulations Implementing the National Environmental Policy Act, 52 FR 47897 (Dec. 17, 1987), FERC Stats. & Regs. Regulations Preambles 1986–1990 ¶ 30,783 (1987), codified at 18 CFR Part 380. 28 18 CFR 380.4(1) and (5). 29 Id. 30 5 U.S.C. 601–12. 26 44 PO 00000 Frm 00023 Fmt 4700 Sfmt 4700 5173 Procedure Act are exempt from the RFA requirements. This Final Rule concerns matters of internal agency procedure and, therefore, an analysis under the RFA is not required. VI. Document Availability 17. In addition to publishing the full text of this document in the Federal Register, the Commission provides all interested persons an opportunity to view and/or print the contents of this document via the Internet through FERC’s Home Page (https://www.ferc.gov) and in FERC’s Public Reference Room during normal business hours (8:30 a.m. to 5 p.m. Eastern time) at 888 First Street, NE., Room 2A, Washington DC 20426. 18. From FERC’s Home Page on the Internet, this information is available in eLibrary. The full text of this document is available in eLibrary in PDF and Microsoft Word format for viewing, printing, and/or downloading. To access this document in eLibrary, type the docket number excluding the last three digits of this document in the docket number field. 19. User assistance is available for eLibrary and the FERC’s Web site during normal business hours from our Help line at (202) 502–8222 or the Public Reference Room at (202) 502–8371 Press 0, TTY (202) 502–8659. E-Mail the Public Reference Room at public.referenceroom@ferc.gov. VII. Effective Date and Congressional Notification 20. These regulations are effective on issuance. While the Administrative Procedure Act generally mandates that an opportunity for comment be provided when an agency promulgates regulations, notice and comment are not required where a rule, as here, relates to agency personnel or agency organization, procedure, or practice.31 Since these regulations only concern internal agency procedure and will not affect regulated entities or the general public, notice and comment are not required. 21. The Small Business Regulatory Enforcement Fairness Act of 1996 32 requires agencies to report to Congress on the promulgation of certain Final Rules prior to their effective dates. Rules of agency procedure and practice are excluded from this notification requirement.33 Therefore, this Final Rule will not be submitted to Congress. 31 See 5 U.S.C. 553(b)(A) and (B). U.S.C. 801. 33 5 U.S.C. 804(3)(C). 32 5 E:\FR\FM\05FER1.SGM 05FER1 5174 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Rules and Regulations List of Subjects PART 375—THE COMMISSION 18 CFR 35 Electric power rates, Electric utilities, Reporting and recordkeeping requirements. 18 CFR 366 Electric power, Natural gas, Reporting and recordkeeping requirements. 18 CFR 375 Authority delegations (Government Agencies), Seals and insignia, Sunshine Act. 5. The authority citation for part 375 continues to read as follows: I Authority: 5 U.S.C. 551–557; 15 U.S.C. 717–717w, 3301–3432; 16 U.S.C. 791–825r, 2601–2645; 42 U.S.C. 7101–7352. 6. Amend § 375.303 by revising paragraphs (f) and (g) to read as follows: I § 375.303 Delegations to the Chief Accountant. 3. The authority citation for part 366 continues to read as follows: * * * * (f) Deny or grant, in whole or in part, motions for extension of time to file, or requests for waiver of the requirements of the following forms, data collections, and reports: Annual Reports (Form Nos. 1, 1–F, 2, 2–A, and 6); Quarterly Reports (Form Nos. 3–Q and 6–Q); Annual Report of Centralized Service Companies (Form No. 60); Narrative Description of Service Company Functions (FERC–61); Report of Transmission Investment Activity (FERC–730); and Electric Quarterly Reports, as well as, where required, the electronic filing of such information (§ 385.2011 of this chapter, Procedures for filing on electronic media, paragraphs (a)(6), (c), and (e)). (g) Provide notification if a submitted Annual Report (Form Nos. 1, 1–F, 2, 2– A, and 6), Quarterly Report (Form Nos. 3–Q and 6–Q), Annual Report of Centralized Service Companies (Form No. 60), Narrative Description of Service Company Functions (FERC–61), Report of Transmission Investment Activity (FERC–730), or Electric Quarterly Report fails to comply with applicable statutory requirements, and with all applicable Commission rules, regulations, and orders for which a waiver has not been granted, or, when appropriate, notify a party that a submission is acceptable. * * * * * Authority: Pub. L. No. 109–58, 1261 et seq., 119 Stat. 594, 972 et seq. I By the Commission. Magalie R. Salas, Secretary. In consideration of the foregoing, the Commission amends parts 35, 366, and 375, Chapter I, Title 18, Code of Federal Regulations, as follows: I PART 35—FILING OF RATE SCHEDULES AND TARIFFS 1. The authority citation for part 35 continues to read as follows: I Authority: 16 U.S.C. 791–825r, 2601–2645; 31 U.S.C. 9701; 42 U.S.C. 7101–7352. 2. Amend § 35.35 by revising paragraph (h)(3) to read as follows: I § 35.35 Transmission infrastructure investment. * * * * * (h) * * * (3) For good cause shown, the Commission may extend the time within which any FERC–730 filing is to be filed or waive the requirements applicable to any such filing. * * * * * PART 366—PUBLIC UTILITY HOLDING COMPANY ACT OF 2005 I 4. Amend § 366.23 by revising paragraph (a)(3), to read as follows: mstockstill on PROD1PC66 with RULES § 366.23 FERC Form No. 60, annual report of service companies, and FERC–61, narrative description of service company functions. (a) * * * (3) For good cause shown, the Commission may extend the time within which any such report or narrative description required to be filed pursuant to paragraphs (a)(1) or (2) of this section is to be filed or waive the requirements applicable to any such report or narrative description. * * * * * 14:24 Feb 02, 2007 Jkt 211001 7. Amend § 375.307 as follows: A. Remove paragraphs (a), (c), (d), and (i)(8) and redesignate paragraphs (b) and (e) through (p) as paragraphs (a) through (m). I B. Revise redesignated paragraph (h)(3) to read as follows: I I VerDate Aug<31>2005 * § 375.307 Delegations to the Director of the Office of Markets, Tariffs and Rates. * * * * * (h) * * * (3) Accept for filing, data and reports required by Commission orders, or presiding officers’ initial decisions upon which the Commission has taken no further action, if such filings are in compliance with such orders or PO 00000 Frm 00024 Fmt 4700 Sfmt 4700 decisions and, when appropriate, notify the filing party of such acceptance. * * * * * § 375.314 [Amended] 8. In § 375.314, remove the words ‘‘Office of Market Oversight and Investigation’’ and add, in their place, the words ‘‘Office of Enforcement’’ in the following sections: A. Section 375.314 section heading; B. Section 375.314(b); C. Section 375.314(c); and D. Section 375.314(d). I [FR Doc. E7–1737 Filed 2–2–07; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1 and 602 [TD 9311] RIN 1545–BG10 Certain Transfers of Stock or Securities by U.S. Persons to Foreign Corporations Internal Revenue Service (IRS), Treasury. ACTION: Final and temporary regulations. AGENCY: SUMMARY: This document contains final and temporary regulations under section 367(a) of the Internal Revenue Code (Code) regarding gain recognition agreements. The final regulations are necessary to update cross-references in the current regulations. The temporary regulations are necessary to respond to comments requested in Notice 2005–74. The regulations primarily affect U.S. persons that transfer stock or securities to foreign corporations or corporations engaged in transactions that affect existing gain recognition agreements. The text of these temporary regulations also serves as the text of the proposed regulations (REG–147144–06) set forth in the notice of proposed rulemaking on this subject published elsewhere in this issue of the Federal Register. DATES: Effective Date: These regulations are effective February 5, 2007. Applicability Dates: For dates of applicability, see §§ 1.367(a)–3T(f) and 1.367(a)–8T(h). ADDRESSES: Send submissions to: CC:PA:LPD:PR (REG–147144–06), room 5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be handdelivered Monday through Friday between the hours of 8 a.m. and 4 p.m. E:\FR\FM\05FER1.SGM 05FER1

Agencies

[Federal Register Volume 72, Number 23 (Monday, February 5, 2007)]
[Rules and Regulations]
[Pages 5171-5174]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-1737]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Parts 35, 366, and 375

[Docket No. RM06-20-000; Order No. 691]


Delegations of Authority

Issued January 29, 2007.
AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Final rule.

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SUMMARY: The Federal Energy Regulatory Commission (Commission) is 
amending its regulations governing delegations of authority to the 
Directors of the Office of Enforcement and the Office of Energy Markets 
and Reliability, as well as to the Commission's Chief Accountant. These 
amendments will eliminate regulatory uncertainty and provide clarity 
regarding the authority delegated to the Office of Enforcement and the 
Chief Accountant.

EFFECTIVE DATE: This Final Rule is effective January 29, 2007.

FOR FURTHER INFORMATION CONTACT: Connie Caldwell, Office of 
Enforcement, Federal Energy Regulatory Commission, 888 First Street, 
NE., Washington, DC 20426, (202) 502-6489, connie.caldwell@ferc.gov.

SUPPLEMENTARY INFORMATION: 

Before Commissioners: Joseph T. Kelliher, Chairman; Suedeen G. 
Kelly, Marc Spitzer, Philip D. Moeller, and Jon Wellinghoff.

    1. The Federal Energy Regulatory Commission (Commission) is 
amending 18 CFR Parts 35, 366, and 375 to revise its regulations 
governing delegations of authority to the Directors of the Office of 
Enforcement (OE) \1\ and the Office of Energy Markets and Reliability 
(OEMR), as well as to the Commission's Chief Accountant.\2\ These 
amendments will eliminate regulatory uncertainty and provide clarity 
regarding the authority delegated to the Office of Enforcement and the 
Chief Accountant.
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    \1\ The changes to the regulations in Part 375 relate only to 
the Office of Enforcement and the Chief Accountant. While this rule 
makes certain changes to the Part 375 delegations to the Director of 
the Office of Markets, Tariffs, and Rates (now the Office of Energy 
Markets and Reliability), those changes are made merely to conform 
the regulations to current office structures and the 
responsibilities of the Office of Enforcement. The Commission 
anticipates issuing a rule in the future that will address other 
changes to Part 375.
    \2\ The Commission's Chief Accountant reports to the Director of 
Enforcement, but is delegated certain authority directly by the 
Commission.
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I. Background

    2. The Commission has broad statutory authority to perform acts and

[[Page 5172]]

make rules that are necessary or appropriate to carry out its statutory 
functions.\3\ This includes the delegation of its statutory authority 
to staff members on routine matters, ``which in many cases represent 
nothing more than a ministerial judgment by the office director 
concerning procedural matters,'' to allow the Commission to focus on 
more complex and controversial tasks.\4\ The Commission has delegated 
certain of its authority in a series of orders beginning in 1978.\5\
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    \3\ See Regulations Delegating Authority, Order No. 492, 53 FR 
16058 (May 5, 1988), FERC Stats. & Regs. Regulations Preambles 1986-
1990 ] 30,814 at 31,117 & n. 2 (1988), citing 16 U.S.C. 825h 
(Federal Power Act), 15 U.S.C. 717o (Natural Gas Act), and 15 U.S.C. 
3411 (Natural Gas Policy Act of 1978).
    \4\ See J.R. Ferguson and Associates, 20 FERC ] 61,132 at p. 
61,291 (1982) (footnote omitted).
    \5\ Existing delegations of authority were promulgated in a 
series of rulemakings initiated in 1978. See Delegations to Various 
Office Directors of Certain Commission Authority, 43 FR 36433 (Aug. 
17, 1978), FERC Stats. & Regs. Regulations Preambles 1977-1981 ] 
30,016 (1978); Chief Accountant, et al., Delegation of Authority; 
Final Regulation, Order No. 38, 44 FR 45449 (Aug. 8, 1979), FERC 
Stats. & Regs. Regulations Preambles 1977-1981 ] 30,068 (1979), 
reh'g denied , 8 FERC ] 61,299 (1979); Delegation of the 
Commission's Authority to the Directors of Office of Electric Power 
Regulation, Office of the Chief Accountant, and Office of Pipeline 
and Producer Regulation, Order No. 147, 46 FR 29700 (June 3, 1981), 
FERC Stats. & Regs. Regulations Preambles 1977-1981 ] 30,259 (1981); 
Delegation of Authority, Order No. 224, 47 FR 17806 (Apr. 26, 1982), 
FERC Stats. & Regs. Regulations Preambles 1982-1985 ] 30,356 (1982); 
Regulations Delegating Authority, Order No. 492, 53 FR 16058 (May 5, 
1988), FERC Stats. & Regs. Regulations Preambles 1986-1990 ] 30,814 
(1988); Streamlining Commission Procedures for Review of Staff 
Action, Order No. 530, 55 FR 50677 (May 5, 1988), FERC Stats. & 
Regs. Regulations Preambles 1986-1990 ] 30,906 (1990), reh'g denied, 
Order No. 530-A, 56 FR 4719 (Feb. 6, 1991), FERC Stats. & Regs. 
Regulations Preambles 1991-1996 ] 30,914 (1991); Delegation of 
Authority to the Secretary, the Director of the Office of Electric 
Power Regulation, and the General Counsel, Order No. 585, 60 FR 
62326 (Dec. 6, 1995), FERC Stats. & Regs. Regulations Preambles 
January 1991-June 1996 ] 31,030 (1995); Delegation of Authority, 
Order No. 613, 64 FR 73403 (Dec. 30, 1991), FERC Stats. & Regs. 
Regulations Preambles July 1996-December 2000 ] 31,087 (1999); 
Delegation of Authority, Order No. 632, 68 FR 25814 (May 14, 2003), 
FERC Stats. & Regs. Regulations Preambles 2001-2005 ] 31,087 (2003).
---------------------------------------------------------------------------

    3. When the Office of Market Oversight and Investigations (OMOI), 
the predecessor to OE, was created in 2003, the Commission issued Order 
No. 632,\6\ which promulgated OMOI's original delegations of authority. 
In Order No. 632, the Commission stated that certain delegations to the 
General Counsel and to the Director of the Office of Markets, Tariffs, 
and Rates (OMTR, now known as the Office of Energy Markets and 
Reliability or OEMR), were being duplicated in OMOI's delegations.
---------------------------------------------------------------------------

    \6\ Delegations of Authority, Order No. 632, 68 FR 25814 (May 
14, 2003), FERC Stats. & Regs. Regulations Preambles 2001-2005 ] 
31,087 (2003).
---------------------------------------------------------------------------

    4. The following year, in Order No. 650,\7\ the Commission revised 
the delegations promulgated in Order No. 632 to reflect the move of the 
Division of Regulatory Audits (renamed the Division of Financial 
Audits) from the Office of the Executive Director (OED) to OMOI. In 
Order No. 650, the relevant delegation provisions were added to the 
OMOI delegations and deleted from the OED delegations. In 2005, 
pursuant to another reorganization, the Regulatory Accounting policy 
function, as well as the Chief Accountant, were moved from OMTR to 
OMOI.
---------------------------------------------------------------------------

    \7\ Delegations of Authority, 69 FR 64659 (Nov. 8, 2004), FERC 
Stats. & Regs. Regulations Preambles 2001-2005 ] 31,169 (2004). The 
original designation as Order No. 651 was corrected to Order No. 650 
by an errata notice issued on November 12, 2004.
---------------------------------------------------------------------------

    5. On April 17, 2006, the reorganization and renaming of OMOI as OE 
became effective. OE includes an administrative branch and four 
divisions--Investigations, Audits, Financial Regulation (for which the 
Chief Accountant also serves as the Division Director), and Energy 
Market Oversight.

II. Discussion

    6. Part 375, Subpart C, of the Commission's rules and regulations 
sets out delegations of authority to the various office directors, such 
as the Directors of OMOI (now called OE) \8\ and OMTR (now called 
OEMR),\9\ as well as to statutory officers such as the Chief 
Accountant.\10\ The regulations in Part 375 which are amended by this 
rule are found in Sec. Sec.  375.303, 375.307, and 375.314, and are 
discussed below.
---------------------------------------------------------------------------

    \8\ 18 CFR 375.314.
    \9\ 18 CFR 375.307.
    \10\ 18 CFR 375.303.
---------------------------------------------------------------------------

    7. Section 375.314 \11\ includes the delegations of authority to 
the Director of OMOI (now OE). Amendments to this section are made to 
replace the former office title of Office of Market Oversight and 
Investigations with the title Office of Enforcement and occur in the 
title to Sec.  375.314, and in the text of Sec.  375.314(b), (c), and 
(d).\12\
---------------------------------------------------------------------------

    \11\ 18 CFR 375.314.
    \12\ 18 CFR 375.314(b), (c), and (d), respectively.
---------------------------------------------------------------------------

    8. Sections 375.314(i), (j), and (k) \13\ of the current 
delegations to the Director of OMOI (now OE) concern auditing matters 
and essentially duplicate delegations formerly made to the Director of 
OMTR (now OEMR) at a time when auditing matters were handled in OMTR. 
These matters fall solely within the purview of the Director of OE. 
Accordingly, this rule removes Sec.  375.307(a), (c), and (d) \14\ from 
the delegations to the Director of OMTR (now OEMR).
---------------------------------------------------------------------------

    \13\ 18 CFR 375.314(i), (j), and (k), respectively.
    \14\ 18 CFR 375.307(a), (c), and (d), respectively.
---------------------------------------------------------------------------

    9. The remaining amendments to the regulations, as discussed below, 
reflect changes in the responsibilities of the Chief Accountant which 
occurred when the Regulatory Accounting policy function was moved to 
OMOI (now OE), discussed above, as well as through delegations made by 
the Commission in Order Nos. 667 \15\ and 679.\16\ When the Regulatory 
Accounting policy function was moved to OMOI (now OE), responsibility 
for administering Annual Reports (FERC Form Nos. 1, 1-F, 2, 2-A, and 6) 
\17\ and Electric Quarterly Reports (EQRs) \18\ were transferred to the 
Chief Accountant. These, as well as all other forms, data collections, 
and reports administered by the Chief Accountant, assist the Commission 
in its review and approval of cost-based rates. The data contained in 
these forms, data collections, and reports serve other purposes as 
well.
---------------------------------------------------------------------------

    \15\ Repeal of the Public Utility Holding Company Act of 1935 
and Enactment of the Public Utility Holding Company Act of 2005, 
Order No. 667, 70 FR 75592 (Dec. 20, 2005), FERC Stats. & Regs. ] 
31,197 (2005), order on reh'g, Order No. 667-A, 71 FR 28446 (May 16, 
2006), FERC Stats. & Regs. ] 31,213 (2006), order on reh'g, Order 
No. 667-B, 71 FR 42750 (July, 28, 2006), FERC Stats. & Regs. ] 
31,224 (2006), reh'g pending.
    \16\ Promoting Transmission Investment through Pricing Reform, 
Order No. 679, 71 FR 43294 (Jul. 31, 2006), 116 FERC ] 61,057 
(2006); order on reh'g, Order No. 679-A, 117 FERC ] 61,345 (2006).
    \17\ See 18 CFR 141.1, 141.2, 260.1, 260.2, and 357.2, 
respectively.
    \18\ See 18 CFR 35.10b.
---------------------------------------------------------------------------

    10. In Order No. 679, among other things, the Commission created 
FERC-730 (report of transmission investment activity) \19\ and 
delegated to the Chief Accountant the authority to act on motions for 
extensions of time to file the newly-created FERC-730, or motions to 
waive the requirements applicable to those filings. However, that 
recent delegation is not reflected in the Chief Accountant's 
delegations in 18 CFR 375.303. Instead, the delegatory language was 
codified as part of Sec.  35.35(h), which comprises the regulations 
describing the report and the filing requirements for that report. In 
order to centralize all delegations to the Chief Accountant, this rule 
amends the regulations to add this delegation to 18 CFR 375.303, and 
revises Sec.  35.35(h)(3) to remove the delegatory language therein.
---------------------------------------------------------------------------

    \19\ Codified at 18 CFR 35.35(h).
---------------------------------------------------------------------------

    11. In Order Nos. 667, among other things, the Commission created 
FERC Form No. 60 (Annual Report of Centralized Service Companies).\20\ 
In Order No. 667-A, the Commission

[[Page 5173]]

created FERC-61 (narrative description of service company 
functions).\21\ In Order No. 667-A, the Commission delegated to the 
Chief Accountant the authority to act on motions for extensions of time 
to file and requests for waiver of the requirements of FERC Form No. 60 
and FERC-61.\22\ In Order No. 684, Sec. Sec.  375.303(f) and (g) were 
amended to include those delegations also.\23\ In order to centralize 
all delegations to the Chief Accountant, this rule amends 18 CFR 
375.303, and revises Sec.  366.23(a)(3) to remove the delegatory 
language therein.
---------------------------------------------------------------------------

    \20\ 20 Order No. 667 at P 82-85; codified at 18 CFR 366.23.
    \21\ Order No. 667-A at P 49; codified at 18 CFR 366.23.
    \22\ Order No. 667-A; codified at 18 CFR 366.23(a)(3).
    \23\ Financial Accounting, Reporting and Records Retention 
Requirements Under the Public Utility Holding Company Act of 2005, 
71 FR 65200 (Nov. 7, 2006), FERC Stats. & Regs. ] 31,229 (2006) at P 
222-223.
---------------------------------------------------------------------------

    12. To summarize, currently, the Chief Accountant is authorized to: 
(1) Act on motions for extension of time to file Form No. 60, FERC-61, 
and FERC-730; (2) act on requests for waiver of the requirements of 
Form Nos. 3-Q and 6-Q,\24\ Form No. 60, FERC-61, and FERC-730; and (3) 
issue deficiency letters regarding Form Nos. 3-Q and 6-Q. The rule 
amends the regulations to uniformly authorize the Chief Accountant to: 
(1) Act on motions for extensions of time to file, (2) act on requests 
for waiver of the requirements of, and (3) issue deficiency letters 
regarding, each of the above-discussed forms, data collections, and 
reports (Form Nos. 1, 1-F, 2, 2-A, 6, 3-Q, 6-Q, 60; FERC-61, FERC-730; 
and EQRs), so that the delegated authority applicable to these forms, 
data collections, and reports is consistent. To effectuate this 
delegation, the rule amends Sec.  375.303 by replacing existing 
paragraphs (f) and (g) to provide that the Chief Accountant may deny or 
grant, in whole or in part, motions for extension of time to file, or 
requests for waiver of the requirements of Annual Reports (Form Nos. 1, 
1-F, 2, 2-A, and 6); Quarterly Reports (Form Nos. 3-Q and 6-Q); Annual 
Report of Centralized Service Companies (Form No. 60); Narrative 
Description of Service Company Functions (FERC-61); Report of 
Transmission Investment Activity (FERC-730); and EQRs, as well as, 
where required, the electronic filing of such information, and provide 
notification if one of those forms, data collections, or reports is 
submitted and fails to comply with applicable statutory requirements, 
and with all applicable Commission rules, regulations or notify a party 
that a submission is acceptable.
---------------------------------------------------------------------------

    \24\ 18 CFR 141.400 (electric), 260.300 (natural gas), and 357.4 
(oil), respectively.
---------------------------------------------------------------------------

    13. Further, to centralize the authority delegated to the Chief 
Accountant and to avoid confusion as to the responsibility for the 
forms, data collections, and reports discussed herein, the delegations 
of authority to the Director of OMTR (now OEMR) are revised by removing 
the parenthetical phrase in 18 CFR 375.307(h)(3) which references Form 
Nos. 1, 1-F, 2, 2-A, and 6, and by removing in its entirety 18 CFR 
375.307(i)(8), which also references Form No. 1.

III. Information Collection Statement

    14. Review by the Office of Management and Budget,\25\ pursuant to 
section 3507(d) of the Paperwork Reduction Act of 1995,\26\ is not 
required since this final rule does not contain new or modified 
information collection or recordkeeping requirements.
---------------------------------------------------------------------------

    \25\ 5 CFR 1320.11.
    \26\ 44 U.S.C. 3507(d).
---------------------------------------------------------------------------

IV. Environmental Analysis

    15. The Commission is required to prepare an Environmental 
Assessment or an Environmental Impact Statement for any action that may 
have a significant adverse effect on the human environment.\27\ Part 
380 of the Commission's regulations exempts certain actions from the 
requirement that an Environmental Analysis or Environmental Impact 
Statement be prepared. Included is an exemption for procedural, 
ministerial, or internal administrative actions.\28\ As this Final Rule 
falls within that exemption, issuance of the Rule does not represent a 
major federal action having a significant adverse effect on the human 
environment under the Commission's regulations implementing the 
National Environmental Policy Act, and, thus, does not require an 
Environmental Analysis or Environmental Impact Statement.\29\
---------------------------------------------------------------------------

    \27\ Regulations Implementing the National Environmental Policy 
Act, 52 FR 47897 (Dec. 17, 1987), FERC Stats. & Regs. Regulations 
Preambles 1986-1990 ] 30,783 (1987), codified at 18 CFR Part 380.
    \28\ 18 CFR 380.4(1) and (5).
    \29\ Id.
---------------------------------------------------------------------------

V. Regulatory Flexibility Certification

    16. The Regulatory Flexibility Act of 1980 (RFA) \30\ generally 
requires a description and analysis of Final Rules that will have 
significant economic impact on a substantial number of small entities. 
Rules that are exempt from the notice and comment requirements of 
section 553(b) of the Administrative Procedure Act are exempt from the 
RFA requirements. This Final Rule concerns matters of internal agency 
procedure and, therefore, an analysis under the RFA is not required.
---------------------------------------------------------------------------

    \30\ 5 U.S.C. 601-12.
---------------------------------------------------------------------------

VI. Document Availability

    17. In addition to publishing the full text of this document in the 
Federal Register, the Commission provides all interested persons an 
opportunity to view and/or print the contents of this document via the 
Internet through FERC's Home Page (https://www.ferc.gov) and in FERC's 
Public Reference Room during normal business hours (8:30 a.m. to 5 p.m. 
Eastern time) at 888 First Street, NE., Room 2A, Washington DC 20426.
    18. From FERC's Home Page on the Internet, this information is 
available in eLibrary. The full text of this document is available in 
eLibrary in PDF and Microsoft Word format for viewing, printing, and/or 
downloading. To access this document in eLibrary, type the docket 
number excluding the last three digits of this document in the docket 
number field.
    19. User assistance is available for eLibrary and the FERC's Web 
site during normal business hours from our Help line at (202) 502-8222 
or the Public Reference Room at (202) 502-8371 Press 0, TTY (202) 502-
8659. E-Mail the Public Reference Room at 
public.referenceroom@ferc.gov.

VII. Effective Date and Congressional Notification

    20. These regulations are effective on issuance. While the 
Administrative Procedure Act generally mandates that an opportunity for 
comment be provided when an agency promulgates regulations, notice and 
comment are not required where a rule, as here, relates to agency 
personnel or agency organization, procedure, or practice.\31\ Since 
these regulations only concern internal agency procedure and will not 
affect regulated entities or the general public, notice and comment are 
not required.
---------------------------------------------------------------------------

    \31\ See 5 U.S.C. 553(b)(A) and (B).
---------------------------------------------------------------------------

    21. The Small Business Regulatory Enforcement Fairness Act of 1996 
\32\ requires agencies to report to Congress on the promulgation of 
certain Final Rules prior to their effective dates. Rules of agency 
procedure and practice are excluded from this notification 
requirement.\33\ Therefore, this Final Rule will not be submitted to 
Congress.
---------------------------------------------------------------------------

    \32\ 5 U.S.C. 801.
    \33\ 5 U.S.C. 804(3)(C).

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[[Page 5174]]

List of Subjects

18 CFR 35

    Electric power rates, Electric utilities, Reporting and 
recordkeeping requirements.

18 CFR 366

    Electric power, Natural gas, Reporting and recordkeeping 
requirements.

18 CFR 375

    Authority delegations (Government Agencies), Seals and insignia, 
Sunshine Act.

    By the Commission.
Magalie R. Salas,
Secretary.

0
In consideration of the foregoing, the Commission amends parts 35, 366, 
and 375, Chapter I, Title 18, Code of Federal Regulations, as follows:

PART 35--FILING OF RATE SCHEDULES AND TARIFFS

0
1. The authority citation for part 35 continues to read as follows:

    Authority: 16 U.S.C. 791-825r, 2601-2645; 31 U.S.C. 9701; 42 
U.S.C. 7101-7352.


0
2. Amend Sec.  35.35 by revising paragraph (h)(3) to read as follows:


Sec.  35.35  Transmission infrastructure investment.

* * * * *
    (h) * * *
    (3) For good cause shown, the Commission may extend the time within 
which any FERC-730 filing is to be filed or waive the requirements 
applicable to any such filing.
* * * * *

PART 366--PUBLIC UTILITY HOLDING COMPANY ACT OF 2005

0
3. The authority citation for part 366 continues to read as follows:

    Authority: Pub. L. No. 109-58, 1261 et seq., 119 Stat. 594, 972 
et seq.


0
4. Amend Sec.  366.23 by revising paragraph (a)(3), to read as follows:


Sec.  366.23  FERC Form No. 60, annual report of service companies, and 
FERC-61, narrative description of service company functions.

    (a) * * *
    (3) For good cause shown, the Commission may extend the time within 
which any such report or narrative description required to be filed 
pursuant to paragraphs (a)(1) or (2) of this section is to be filed or 
waive the requirements applicable to any such report or narrative 
description.
* * * * *

PART 375--THE COMMISSION

0
5. The authority citation for part 375 continues to read as follows:

    Authority: 5 U.S.C. 551-557; 15 U.S.C. 717-717w, 3301-3432; 16 
U.S.C. 791-825r, 2601-2645; 42 U.S.C. 7101-7352.


0
6. Amend Sec.  375.303 by revising paragraphs (f) and (g) to read as 
follows:


Sec.  375.303  Delegations to the Chief Accountant.

* * * * *
    (f) Deny or grant, in whole or in part, motions for extension of 
time to file, or requests for waiver of the requirements of the 
following forms, data collections, and reports: Annual Reports (Form 
Nos. 1, 1-F, 2, 2-A, and 6); Quarterly Reports (Form Nos. 3-Q and 6-Q); 
Annual Report of Centralized Service Companies (Form No. 60); Narrative 
Description of Service Company Functions (FERC-61); Report of 
Transmission Investment Activity (FERC-730); and Electric Quarterly 
Reports, as well as, where required, the electronic filing of such 
information (Sec.  385.2011 of this chapter, Procedures for filing on 
electronic media, paragraphs (a)(6), (c), and (e)).
    (g) Provide notification if a submitted Annual Report (Form Nos. 1, 
1-F, 2, 2-A, and 6), Quarterly Report (Form Nos. 3-Q and 6-Q), Annual 
Report of Centralized Service Companies (Form No. 60), Narrative 
Description of Service Company Functions (FERC-61), Report of 
Transmission Investment Activity (FERC-730), or Electric Quarterly 
Report fails to comply with applicable statutory requirements, and with 
all applicable Commission rules, regulations, and orders for which a 
waiver has not been granted, or, when appropriate, notify a party that 
a submission is acceptable.
* * * * *


0
7. Amend Sec.  375.307 as follows:
0
A. Remove paragraphs (a), (c), (d), and (i)(8) and redesignate 
paragraphs (b) and (e) through (p) as paragraphs (a) through (m).
0
B. Revise redesignated paragraph (h)(3) to read as follows:


Sec.  375.307  Delegations to the Director of the Office of Markets, 
Tariffs and Rates.

* * * * *
    (h) * * *
    (3) Accept for filing, data and reports required by Commission 
orders, or presiding officers' initial decisions upon which the 
Commission has taken no further action, if such filings are in 
compliance with such orders or decisions and, when appropriate, notify 
the filing party of such acceptance.
* * * * *


Sec.  375.314  [Amended]

0
8. In Sec.  375.314, remove the words ``Office of Market Oversight and 
Investigation'' and add, in their place, the words ``Office of 
Enforcement'' in the following sections:
    A. Section 375.314 section heading;
    B. Section 375.314(b);
    C. Section 375.314(c); and
    D. Section 375.314(d).

[FR Doc. E7-1737 Filed 2-2-07; 8:45 am]
BILLING CODE 6717-01-P
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