Gas Pipeline Uniform Accounting Regulations

10 (1) Plant accounts, set out in Schedule IV as account series 401 to 498, are subsidiary to balance sheet accounts 100 (Gas Plant in Service), 101 (Gas Plant Leased to Others), 102 (Gas Plant Held for Future Use) and 107 (Improvement to Facilities Leased from Others), and shall be used to classify a company’s plant.

(2) Plant accounts shall be supported by subsidiary accounts that record the costs, by location, of

• (a) each major facility including each main gathering system, products extraction plant, gas storage facility, compressor station and main pipeline; and

• (b) any other facility that is separately located.

(3) Plant accounts shall be maintained to record separately expenditures for each plant addition, replacement and retirement authorized by the Board.

(4) Any installation or property not used in pipeline operations shall be recorded in balance sheet account 110 (Other Plant).