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49 CFR §1011.5

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
This section covers matters assigned to the Accounting Board, a board of employees of the Board.
  1. (a)The Accounting Board has authority:
    1. (1)To permit departure from general rules prescribing uniform systems of accounts for carriers and other persons under the Interstate Commerce Act, and from the regulations governing accounting and reporting forms;
    2. (2)To prescribe rates of depreciation to be used by railroad and water carriers;
    3. (3)To issue special authorizations permitted by the regulations governing the destruction of records of carriers subject to the Interstate Commerce Act; and
    4. (4)To grant extensions of time for filing annual, periodic, and special reports in matters that do not involve taking testimony at a public hearing or the submission of evidence by opposing parties in the form of affidavits.
  2. (b)The board may certify any matter assigned to it to the Board.