...11 (b) (1). However, that section only permits the retention by a holding company of an incidental Interest In ". . . any business (other than the business of a public-utility company as such) . . ." "See, for example. Republic Service Corporation, 26 SBC 669 (1947). •"While the one-year period...

...economically necessary or appropriate to the operations of such integrated public-utility systems. . . . The section further provides: The Commission may permit...find necessary or appropriate in the public interest or for the protection of investors or consumers and not detrimental to the proper functioning of such...

...management, efficient operation, or the effectiveness of regulation. "The Commission may permit as reasonably Incidental, or economically necessary or...find necessary or appropriate in the public interest or for the protection of investor*! or consumers and not detrimental to the proper functioning of such...

...1952, and 1,540,000 kw ten years later. «The Act further provides that "The Commission may permit as reasonably incidental, or economically necessary or...appropriate to the operations of one or more integrated public- utility systems the retention of an interest in any business (other than the business of a...

...revision if such businesses were acquired by another person subject to the Act ; for a business that is reasonably incidental or economically necessary or appropriate to the operations of one public utility system or combination of systems would not necessarily be so in respect of another such...

...localized management, efficient operation, or the effectiveness of regulation. The Commission may permit as rporation, or for the protection of Investors or consumers and not detrimental to the proper functioning of such...

...localized management, efficient operation, or the effectiveness of regulation. The Commission may permit as reasonably incidental, or economically necessary or...find necessary or appropriate in the public interest or for the protection of investors or consumers and not detrimental to the proper functioning of such...

...out the next eight lines immediately following (C) and substituting: The Commission shall permit as reasonably Incidental, or economically necessary or...retention of an Interest in any business (other than the Inisiness of a public utility as such! unless the Commission shall find that such Interest can not...

...out the next eight lines immediately following (C) and substitute : "The Commission shall permit as reasonably incidental, or economically necessary or...appropriate to the operations of one or more integrated publlcutility systems the retention or acquisition of an interest in any business (other than "the...

...localized management, efficient operation, or the effectiveness of regulation. The Commission may permit as reasonably incidental, or economically necessary or...find necessary or appropriate in the public interest or for the protection of investors or consumers and not detrimental to the proper functioning of such...