Oil Pipeline Uniform Accounting Regulations

56 (1) Accumulated depreciation shall be subdivided to show separately the amount applicable to

• (a) each group of plant accounts,

• (b) each plant account, or

• (c) each group of assets within a plant account,

for which a separate weighted average rate of depreciation has been established.

(2) Where the amount is material, accumulated depreciation applicable to the assets in one depreciation group shall not be transferred by a company to another depreciation group without the approval of the Board.