
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 50USC167i]

 
                   TITLE 50--WAR AND NATIONAL DEFENSE
 
                         CHAPTER 10--HELIUM GAS
 
Sec. 167i. Exclusion from Natural Gas Act provisions

    The provisions of the Natural Gas Act of June 21, 1938, as amended 
[15 U.S.C. 717 et seq.], shall not be applicable to the sale, 
extraction, processing, transportation, or storage of helium either 
prior to or subsequent to the separation of such helium from the natural 
gas with which it is commingled, whether or not the provisions of such 
Act apply to such natural gas, and in determining the rates of a natural 
gas company under sections 4 and 5 of the Natural Gas Act, as amended 
[15 U.S.C. 717c, 717d], whenever helium is extracted from helium-bearing 
natural gas, there shall be excluded (1) all income received from the 
sale of helium; (2) all direct costs incurred in the extraction, 
processing, compression, transportation or storage of helium; and (3) 
that portion of joint costs of exploration, production, gathering, 
extraction, processing, compression, transportation or storage divided 
and allocated to helium on a volumetric basis.

(Mar. 3, 1925, ch. 426, Sec. 11, as added Pub. L. 86-777, Sec. 2, Sept. 
13, 1960, 74 Stat. 922.)

                       References in Text

    The Natural Gas Act of June 21, 1938, as amended, referred to in 
text, means act June 21, 1938, ch. 556, 52 Stat. 821, as amended, known 
as the Natural Gas Act, which is classified generally to chapter 15B 
(Sec. 717 et seq.) of Title 15, Commerce and Trade. For complete 
classification of this Act to the Code, see section 717w of Title 15 and 
Tables.
