§11143. Depreciation charges

The Interstate Commerce Commission shall, for a class of carriers providing transportation subject to its jurisdiction under subchapter I or III of chapter 105 of this title, and may, for a class of carriers providing transportation subject to its jurisdiction under subchapter II of that chapter, prescribe, and change when necessary, those classes of property for which depreciation charges may be included under operating expenses and a rate of depreciation that may be charged to a class of property. The Commission may classify those carriers for purposes of this section. A carrier for whom depreciation charges and rates of depreciation are in effect under this section for any class of property may not-

(1) charge to operating expenses a depreciation charge on a class of property other than that prescribed by the Commission;

(2) charge another rate of depreciation; or

(3) include other depreciation charges in operating expenses.

( Pub. L. 95–473, Oct. 17, 1978, 92 Stat. 1426 .)

The section restates the source provisions for clarity. The words "change when necessary" are substituted for "when it deems necessary, modify" for clarity. The words "other than that prescribed therefor by the Commission . . . in any form whatsoever other than as prescribed by the Commission" are omitted as surplus.