Gas Pipeline Uniform Accounting Regulations

66 (1) Where the gain or loss on the sale of assets recorded in account 120 (Investments in Affiliated Companies) or account 121 (Other Investments) is material, the company shall inform the Board and shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable.

(2) A gain or loss on a sale referred to in subsection (1) that is not material shall be transferred to account 319 (Other Income) or to account 329 (Other Income Deductions), as applicable.