current depreciation accounts, and (c) aggregate appropriations of surplus or income held in amortization, sinking fund or similar reserves, or expended for additions or betterments or used for the purposes for which such reserves were created. The term "cost" shall include, insofar as applicable, the elements thereof prescribed in said classification, but shall not include expenditures from funds obtained through donations by States, municipalities, individuals, or others, and said classification of investment of the Interstate Commerce Commission shall insofar as applicable be published and promulgated as a part of the rules and regulations of the Commission;

(5) "Project" means complete unit of improvement or development, consisting of a power house, all water conduits, all dams and appurtenant works and structures (including navigation structures) which are a part of said unit, and all storage, diverting, or forebay reservoirs directly connected therewith, the primary line or lines transmitting power therefrom to the point of junction with the distribution system or with the interconnected primary transmission system, all miscellaneous structures used and useful in connection with said unit or any part thereof, and all waterrights, rights-of-way, ditches, dams, reservoirs, lands, or interest in lands the use and occupancy of which are necessary or appropriate in the maintenance and operation of such unit;

(6) "Project works" means the physical structures of a project; (7) "Public lands" means such lands and interest in lands owned by the United States as are subject to private appropriation and disposal under public land laws. It shall not include national parks or national monuments or "reservations", as hereinafter defined;

(8) "Reservations" means national forests, tribal lands embraced within Indian reservations, military reservations, and other lands and interest in lands owned by the United States, and withdrawn, reserved, or withheld from private appropriation and disposal under the public land laws; also lands and interests in lands acquired and held for any public purposes; but does not include national monuments or national parks.

§ 2002. Federal Power Commission; number and appointment; term, qualifications, vacancies, quorum, and chairman; salary and sessions

The Federal Power Commission shall continue as an independent commission and shall be composed of five commissioners who shall be

appointed by the President, by and with the advice and consent of the Senate. There shall be a chairman of the Commission who shall be its principal executive officer and who shall be so designated by the President. Each chairman when so elected shall serve until the expiration of his term of office as commissioner.

The commissioners shall be appointed each for a term of five years from the date of the expiration of the term for which his predecessor was appointed, except that any person appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed only for the unexpired term of such predecessor. Not more than three of the commissioners shall be appointed from the same political party. No person in the employ of or holding any official relation to any licensee or to any person, firm, association, or corporation engaged in the generation, transmission, distribution, or sale of power, or owning stock or bonds thereof, or who is in any manner pecuniarily interested therein, shall enter upon the duties of or hold the office of commissioner. Said commissioners shall not engage in any other business, vocation, or employment. No vacancy in the Commission shall impair the right of the remaining commissioners to exercise all the powers of the Commission. Three members of the Commission shall constitute a quorum for the transaction of business, and the Commission shall have an official seal of which judicial notice shall be taken. The Commission shall annually elect a vice chairman to act in case of the absence or disability of the chairman or in case of a vacancy in the office of chairman.

Each commissioner shall receive an annual salary of $15,000, together with necessary traveling and subsistence expenses, or per diem allowance in lieu thereof, within the limitations prescribed by law, while away from the seat of Government upon official business.

The principal office of the Commission shall be in the District of Columbia, where its general sessions shall be held; but whenever the convenience of the public or of the parties may be promoted or delay or expense prevented thereby, the Commission may hold special sessions in any part of the United States.

§ 2003. Officers and employees of Commission; details; expenditures

The Commission shall have authority to appoint, prescribe the duties, and fix the salaries of, a secretary, a chief engineer, a general counsel, a solicitor, and a chief accountant; and may, subject to the

civil-service laws, appoint such other officers and employees as are necessary in the execution of its functions and fix their salaries in accordance with laws providing plans for the classification of employees and fixing basic rates of compensation. The President may, at the request of the Commission, detail an officer or officers from the Corps of Engineers, or other branches of the United States Army, to serve the Commission as engineer officer or officers, or in any other capacity, in field work outside the seat of Government, their duties to be prescribed by the Commission. The President may also, at the request of the Commission, detail, assign, or transfer to the Commission, engineers in or under the Departments of the Interior or Agriculture for field work outside the seat of government under the direction of the Commission.

The Commission may make such expenditures (including expenditures for rent and personal services at the seat of Government and elsewhere, for law books, periodicals, and books of reference, and for printing and binding) as are necessary to execute its functions. Expenditures by the Commission shall be allowed and paid upon the presentation of itemized vouchers thereof, approved by the chairman of the Commission or by such other member or officer as may be authorized by the Commission for that purpose subject to applicable regulations under the Federal Property and Administrative Services Act of 1949, as amended.

The Commission may employ such attorneys as it finds necessary for proper legal aid and service of the Commission or its members in the conduct of their work, or for proper representation of the public interests in investigations made by it or cases or proceedings pending before it, whether at the Commission's own instance or upon complaint, or to appear for or represent the Commission in any case in court; and the expenses of such employment shall be paid out of the appropriation for the Commission.

§ 2004. General powers of Commission

(a) Investigations and data

The Commission may make investigations and collect and record data concerning the utilization of the water resources of any region to be developed, the water-power industry and its relation to other industries and to interstate or foreign commerce, and concerning the location, capacity, development costs, and relation to markets of power sites, and whether the power from Government dams can be advantageously used by the United

States for its public purposes, and what is a fair value of such power, to the extent the Commission may deem necessary or useful for the purposes of this chapter.

(b) Determination of investment of licenses in projects

The Commission may determine the actual legitimate original cost of and the net investment in a licensed project. The statement of actual legitimate original cost of said project, and revisions thereof as determined by the Commission, shall be filed with the Secretary of the Treasury.

(c) Statements of licensees as to investment

The Commission may require any licensee, upon oath, within a reasonable period of time to be fixed by the Commission, after the construction of the original project or any addition thereto or betterment thereof, to file with the Commission in such detail as the Commission may require, a statement in duplicate showing the actual legitimate original cost of construction of such project, addition, or betterment, and of the price paid for water rights, rights-of-way, lands, or interests in lands.

(d) Access to records of licensees

The Commission may require any licensee to grant to the Commission or to its duly authorized agent or agents, at all reasonable times, free access to such project, addition, or betterment, and to all maps, profiles, contracts, reports of engineers, accounts, books, records, and all other papers and documents relating thereto. (e) Cooperation with executive departments; information and aid furnished Commission

The Commission may cooperate with Federal and State agencies in such investigations. For such purpose the several departments and agencies of the United States shall, upon the request of the Commission, furnish such records, papers, and information in their possession as may be requested by the Commission, and shall temporarily detail to the Commission such officers or experts as may be necessary in such investigations.

(f) Publication of information and reports

The Commission may make public from time to time the information secured hereunder and provide for the publication of its reports and investigations in such form and manner as may be best adapted for public information and use.

(g) Issue of licenses for construction and maintenance of dams, conduits, reservoirs, or other project works

The Commission may issue licenses to citizens of the United States, or to any association of such citizens, or to any corporation organized under the laws of the United States or any State thereof, or to any State or municipality for the purpose of constructing, operating, and maintaining dams, water conduits, reservoirs, power houses, transmission lines, or other project works necessary or convenient for the development and improvement of navigation, and for the development, transmission, and utilization of power across, along, from or in any of the streams or other bodies of water over which Congress has jurisdiction under its authority to regulate commerce with foreign nations and among the several States, or upon any part of the public lands and reservations of the United States (including the Territories), or for the purpose of utilizing the surplus water or water power from any Government dam, except as provided in section 2007 of this title. (h) Preliminary permits

The Commission may issue preliminary permits for the purpose of enabling applicants or possible applicants for a license hereunder to secure the data and to perform the acts required by section 2012 of this title.

(i) Investigation of occupancy for developing power; orders The Commission may upon its own motion order an investigation of any occupancy of, or evidenced intention to occupy, for the purpose of developing electric power, public lands, reservations, or streams or other bodies of water over which Congress has jurisdiction under its authority to regulate commerce with foreign nations and among the several States by any person, corporation, State, or municipality and may issue such order as it may find appropriate, expedient, and in the public interest to conserve and utilize the navigation and water-power resources of the region.

§ 2005. Notice of applications for permits, licenses

Upon the filing of any application for a preliminary permit under subsection (h) of section 2004 of this title by any person; or upon the filing of any application for a license under subsection (g) of section 2004 of this title that has not been preceded by the issue of a preliminary permit; the Commission, before granting such application, shall at once give notice of such application in writing to any State

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