
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC3373]

 
                      TITLE 15--COMMERCE AND TRADE
 
                     CHAPTER 60--NATURAL GAS POLICY
 
         SUBCHAPTER III--ADDITIONAL AUTHORITIES AND REQUIREMENTS
 
               Part B--Other Authorities and Requirements
 
Sec. 3373. Effect of certain natural gas prices on indefinite 
        price escalator clauses
        

(a) High-cost natural gas

    No price paid in any first sale of high-cost natural gas (as defined 
in section 3317(c) \1\ of this title, as such section was in effect on 
January 1, 1989) may be taken into account in applying any indefinite 
price escalator clause (as defined in section 3315(b)(3)(B) \1\ of this 
title, as such section was in effect on January 1, 1989) with respect to 
any first sale of any natural gas other than high-cost natural gas (as 
defined in section 3317(c) \1\ of this title, as such section was in 
effect on January 1, 1989).
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    \1\ See References in Text note below.
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(b) Other transactions

    No price paid--
        (1) in any sale authorized under section 3362(a) of this title, 
    or
        (2) pursuant to any order issued under section 3363(b), (c), 
    (d), or (g) of this title,

may be taken into account in applying any indefinite price escalator 
clause (as defined in section 3315(b)(3)(B) \1\ of this title, as such 
section was in effect on January 1, 1989).

(Pub. L. 95-621, title III, Sec. 313, Nov. 9, 1978, 92 Stat. 3392; Pub. 
L. 101-60, Sec. 3(b)(3), July 26, 1989, 103 Stat. 159.)

                       References in Text

    Sections 3315 and 3317 of this title, referred to in text, were 
repealed effective Jan. 1, 1993, by Pub. L. 101-60, Sec. 2(b), July 26, 
1989, 103 Stat. 158.


                               Amendments

    1989--Pub. L. 101-60 inserted ``, as such section was in effect on 
January 1, 1989'' in four places.


                    Effective Date of 1989 Amendment

    Amendment by Pub. L. 101-60 effective Jan. 1, 1993, see section 3(b) 
of Pub. L. 101-60, set out as a note under section 3372 of this title.
