Oil Pipeline Uniform Accounting Regulations

65 (1) Where the amount required to provide for reductions in the market value of temporary cash investments is material, the company shall inform the Board and shall debit the amount required to account 422 (Extraordinary Income Deductions) and concurrently credit account 2 (Temporary Cash Investments).

(2) Where the amount required to provide for reductions in the market value of temporary cash investments is not material, it shall be debited to account 406 (Income from Investments) and concurrently credited to account 2 (Temporary Cash Investments).