Examples of Policy Statement 142 in a sentence
Thus it is not going to be clear who the transmission customer is going to be at the time a merchant transmission project is proposed.The Policy Statement, 142 FERC ¶ 61,038 at P 16 (2013), however, is premised on establishing fair and transparent rules for merchant transmission developers to contract with anchor tenants as part of a robust open season.
This does not accord completely with ASIC Policy Statement 142, which appears to suggest that ASIC will only object to share splitting where it creates holdings of less than a marketable parcel, but is a useful starting point.The definition in the ASIC media release seems to require some proof of the new owners intentions to vote in a pre-determined way.
We also note that the Policy Statement contemplates “[placing a notice] in trade magazines or regional energy publications.” Policy Statement, 142 FERC ¶ 61,038 at P 23.
No review application should have been required: the relief should have been sought and given under the analogy of SPS 98 or ASIC Policy Statement 142.
Final Policy Statement, 142 FERC¶ 61,038 (2013) (clarifying and refining policies that govern the allocation of capacity for new merchant transmission projects and non-incumbent, cost-based, participant-funded transmission).
In Policy Statement 142, concerning the requirement under paragraph 411(4)(a)(ii)(B) for 75% majority approval of schemes of arrangement, ASIC states: 142.61 ASIC has made public statements on its views on share splitting devices in the context of takeovers.